RESN - Resonant Inc.

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
1.6500
-0.0300 (-1.79%)
At close: 4:00PM EST
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Previous Close1.6800
Open1.7100
Bid1.6500 x 3000
Ask1.6900 x 2900
Day's Range1.6350 - 1.7142
52 Week Range1.5850 - 4.0000
Volume322,784
Avg. Volume329,740
Market Cap86.496M
Beta (5Y Monthly)2.73
PE Ratio (TTM)N/A
EPS (TTM)-1.0330
Earnings DateMar 11, 2020 - Mar 15, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est4.60
  • ACCESSWIRE

    Resonant Prices Underwritten Public Offering of Common Stock

    GOLETA, CA / ACCESSWIRE / February 6, 2020 / Resonant Inc. (RESN), a leader in transforming the way radio frequency, or RF, front-ends are being designed and delivered for mobile handset and wireless devices, today announced the pricing of its previously announced underwritten public offering of 16,666,667 shares of its common stock at a price to the public of $1.50 per share, for gross proceeds of approximately $25.0 million. The Company has granted to the underwriters a 30-day option to purchase up to an additional 2,500,000 shares of its common stock on the same terms and conditions.

  • ACCESSWIRE

    Resonant Announces Proposed Public Offering of Common Stock

    GOLETA, CA / ACCESSWIRE / February 6, 2020 / Resonant Inc. (RESN), a leader in transforming the way radio frequency, or RF, front-ends are being designed and delivered for mobile handset and wireless devices, today announced that it is offering to sell shares of its common stock in an underwritten public offering. Resonant intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the number of shares of common stock offered in the public offering. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

  • ACCESSWIRE

    Resonant Inc. Signs Multiple License Agreements with New Foundry Partner Focused on the China Market

    GOLETA, CA / ACCESSWIRE / January 22, 2020 / Resonant Inc. (Resonant), a leader in transforming the way radio frequency, or RF, front-ends are being designed and delivered for mobile handset and wireless devices, announced it has signed multiple license agreements with a new partner, a Tier 1 Chinese Foundry, for multiple RF filter designs. "We are excited to work with another new tier one filter foundry partner," said George B. Holmes, Chairman and CEO of Resonant.

  • 3 “Strong Buy” Stocks for the 5G Revolution in 2020
    TipRanks

    3 “Strong Buy” Stocks for the 5G Revolution in 2020

    5G could be the key growth driver for "tech" stocks in 2020.That's the upshot of a new report out of investment bank Needham this week, as its analysts report back from the just-ended Consumer Electronics Show in Las Vegas. Accelerating sales of both handsets and the infrastructure needed to make them work will provide a "major growth catalyst" for semiconductor-makers in particular, and tech in general, opines Needham, accelerating off a slowdown in the second half of 2019."5G handset roll-outs [will accelerate] throughout 2020, especially in the 2H," culminating in total phone sales of perhaps 200 million by the time the year is out. So... how do you plan to play this trend?Leveraging TipRanks' Stock Screener tool to comb through Needham's picks, we've come up with three stocks that win high marks not just from the analyst making this 2020 forecast -- but from Wall Street analysts in general. Here's what you need to know about them.Tower Semiconductor (TSEM)First up is Tower Semiconductor, which as the name implies is a maker of analog intensive mixed-signal semiconductor devices.Investors in Tower Semiconductor stock can expect to see "low double-digit" organic growth in 2020, says Needham analyst Rajvindra Gill. And while that may not sound like much, it's significantly faster -- potentially as much as twice as fast -- as the 6.7% growth rate that most Wall Street analysts are expecting (which could mean additional upgrades will follow as Tower delivers on its promises).Tower aims to aggressively expand capacity at its factories churning out 200mm and 300mm chips to supply growing demand for 5G smartphones, which are experiencing "stronger than expected 5G proliferation." In particular, Tower sees an opportunity to supply makers of OLED fingerprint sensors for these phones. Oh, and gross margins on these products may already have "bottomed out" at 19%.Indeed, Gill takes the lead on recommending this one, assigning Tower stock a "buy" rating and $30 price target. (To watch Gill's track record, click here)With sales growing faster than expected, and profit margins firming perhaps sooner than expected, the outlook for Tower is looking pretty good, and $30 a share is certainly not out of the question -- nearly a 17% profit from today's share price.TSEM has built its Strong Buy consensus rating on solid performance which has attracted three "buy" and one "hold" ratings in the last three months. This stock is selling for $25.55, so the $26.83 average price target implies an upside of 5%. (See Tower stock analysis at TipRanks)Marvell Technology (MRVL)Long known as a designer of analog and mixed-signal embedded and standalone integrated circuits, Needham analyst Quinn Bolton views Marvell Technology as a prime beneficiary of the growing 5G base station market, which Bolton sees as capable of producing up to $6 billion in annual sales globally.Huawei will be Marvell's primary competitor in this market, dominating sales in both China and Europe, which could pose a problem. However, the analyst still sees $4 billion in annual sales elsewhere as up for grabs. To win this work, Marvell must win business from the base station makers that aren't named Huawei, which include Ericsson, Nokia, and Samsung.The good news here (for Marvell) is that Bolton believes "Huawei’s ability to ship critical 5G infrastructure products ... targeting international markets may be further limited," decreasing the competitive threat outside of China and Europe.Result: Bolton believes Marvell stock is a "buy." In so doing, he's joining a chorus of nine other analysts who have assigned Marvell stock buy-equivalent ratings over the past month. (See Marvell stock analysis at TipRanks)Resonant Inc. (RESN) Last and certainly least-well-known, we come to Resonant. A bona fide microcap at just $80 million in market cap, Resonant hails from Goleta, California, where it's trying to build a business making designing filters for radio frequency electronics used in smartphones.The company's not profitable yet, nor free cash flow positive, yet Needham likes this one fully as much as its larger, better-known peers in the semiconductor space.Indeed, assigning Resonant a $4.50 target price (the stock costs less than $2.50 a share today), Needham's Rajvindra Gill makes the case that this stock could be a near two-bagger as it expands to serve 5G needs in an RF filter market that could grow to $28 billion in annual sales by 2025 (from just $12 billion in 2019).Ramping demand for "streaming video and increased bandwidth requirements" will be the catalyst here, as 5G speeds demand more advanced tech to service them.At the same time, though, Gill urges investors not to forget about 4G just yet, which will "continue to play major role in the market." This is because in the early stages of the 5G revolution, true 5G speeds won't be available everywhere, all the time, and investors should anticipate that "the 4G network to provide a backstop for 5G coverage holes." Because 4G is currently Resonant's strength, there's an opportunity for this tiny company to become a major player in the "old" technology as its competitors focus their attention elsewhere.Survey says... Wall Street agrees. A grand total of four out of four ratings published in the past two months say Resonant is a "buy." And even if not everyone's as optimistic as Needham, the consensus price target on this stock is still $4.25 a share -- and 71% upside for buyers today. (See Resonant’s price targets and analyst ratings on TipRanks)

  • Can Resonant (NASDAQ:RESN) Afford To Invest In Growth?
    Simply Wall St.

    Can Resonant (NASDAQ:RESN) Afford To Invest In Growth?

    There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...

  • ACCESSWIRE

    Resonant Power Handling Innovation Lowers RF Filter Costs for High-Power 4G Devices

    GOLETA, CA / ACCESSWIRE / January 13, 2020 / Resonant Inc.(RESN), a leader in transforming the way radio frequency, or RF, front-ends are being designed and delivered for mobile handset and wireless devices, today announced its RF filter design innovation that allows the design of high-power RF filters using low-cost surface acoustic wave (SAW) processes resulting in devices capable of filtering at higher power (HiPower™). This breakthrough will first impact the fast-growing market for 4G high power user equipment (HPUE) devices. The HiPower SAW innovation was enabled by Resonant's high-precision Infinite Synthesized Networks® (ISN®) RF filter design tool.

  • ACCESSWIRE

    Resonant Inc. to Present at the 22nd Annual Needham Growth Conference

    GOLETA, CA / ACCESSWIRE / January 10, 2020 / Resonant Inc. (NASDAQ:RESN), a leader in transforming the way radio frequency, or RF, front-ends are being designed and delivered for mobile handset and wireless ...

  • ACCESSWIRE

    Resonant Inc. Expands Relationship with Existing Customer by Signing New License Agreements

    GOLETA, CA / ACCESSWIRE / January 6, 2020 / Resonant Inc. (RESN), a leader in transforming the way radio frequency, or RF, front-ends are being designed and delivered for mobile handset and wireless devices, announced an existing customer has signed license agreements for three new RF filter designs.

  • ACCESSWIRE

    Resonant Inc. to Present at the Philadelphia Investor Summit 2019

    GOLETA, CA / ACCESSWIRE / December 11, 2019 / Resonant Inc. (RESN), a leader in transforming the way radio frequency, or RF, front-ends are being designed and delivered for mobile handset and wireless devices, is scheduled to present at the Philadelphia Investor Summit 2019 being held at the Hotel Monaco in Philadelphia, Pennsylvania on Tuesday, December 17, 2019. Management plans to provide a business update and industry overview focusing on the company's recently expanded executive team, Resonant's multi-year commercial agreement with the world's leading RF filter manufacturer, the company's unique Infinite Synthesized Networks (ISN®) software design platform, Resonant's high-frequency filters designed specifically using the ISN platform to exceed the exacting requirements of 5G applications, and the company's recently announced partnership with Teledyne Scientific & Imaging to develop manufacturing processes for high frequency, wide bandwidth RF filter solutions.

  • ACCESSWIRE

    Resonant Inc. to Present at 12th Annual LD Micro Main Event

    GOLETA, CA / ACCESSWIRE / December 4, 2019 / Resonant Inc. (NASDAQ:RESN), a leader in transforming the way radio frequency, or RF, front-ends are being designed and delivered for mobile handset and wireless ...

  • ACCESSWIRE

    Resonant Inc. Names Dylan J. Kelly as Chief Operating Officer

    GOLETA, CA / ACCESSWIRE / December 2, 2019 / Resonant Inc. (RESN), a leader in transforming the way radio frequency, or RF, front-ends are being designed and delivered for mobile handset and wireless devices, announced the appointment of Dylan J. Kelly as Chief Operating Officer effective December 2, 2019. Kelly will report to Resonant's Chairman and CEO George B. Holmes and be responsible for Resonant's Engineering, Product Marketing and Operations functions. "Dylan's extensive semiconductor business expertise and professional network across a broad range of areas including smartphones, wireless infrastructure, and test and measurement, are a natural fit for this new role focused on optimizing company-wide operational performance and expanding our customer and industry relationships," stated George B. Holmes, Chairman and CEO of Resonant.

  • Thomson Reuters StreetEvents

    Edited Transcript of RESN earnings conference call or presentation 5-Nov-19 9:30pm GMT

    Q3 2019 Resonant Inc Earnings Call

  • Our Take On Resonant Inc.'s (NASDAQ:RESN) CEO Salary
    Simply Wall St.

    Our Take On Resonant Inc.'s (NASDAQ:RESN) CEO Salary

    George Holmes became the CEO of Resonant Inc. (NASDAQ:RESN) in 2017. This report will, first, examine the CEO...

  • ACCESSWIRE

    Resonant Inc. to Participate in the 10th Annual Craig-Hallum Alpha Select Conference

    GOLETA, CA / ACCESSWIRE / November 8, 2019 / Resonant Inc. (NASDAQ: RESN), a leader in transforming the way radio frequency, or RF, front-ends are being designed and delivered for mobile handset and wireless ...

  • ACCESSWIRE

    Resonant Inc. Reports Third Quarter 2019 Financial Results and Provides Business Update

    GOLETA, CA / ACCESSWIRE / November 5, 2019 / Resonant Inc. (NASDAQ:RESN), a leader in transforming the way radio frequency, or RF, front-ends are being designed and delivered for mobile handset and wireless ...

  • ACCESSWIRE

    Resonant Partners with Teledyne Scientific on Development of High Frequency, Wide Bandwidth RF Filter Solutions

    GOLETA, CA / ACCESSWIRE / November 4, 2019 / Resonant Inc. (RESN) (Resonant), a leader in transforming the way radio frequency, or RF, front-ends are being designed and delivered for mobile handset and wireless devices, announced that it is partnering with Teledyne Scientific & Imaging to develop manufacturing processes for high frequency, wide bandwidth RF filter solutions. "Teledyne's advanced capabilities in microelectromechanical systems (MEMS) and micromachining technologies make it the perfect foundry to partner with on the development of manufacturing processes of our high frequency, wide bandwidth RF filter solutions," said George B. Holmes, Chairman and CEO of Resonant.

  • Semiconductors Radio Frequency Industry Prospects Bright
    Zacks

    Semiconductors Radio Frequency Industry Prospects Bright

    Semiconductors Radio Frequency Industry Prospects Bright

  • ACCESSWIRE

    Resonant to Host Third Quarter 2019 Financial Results Conference Call on Tuesday, November 5th at 1:30 p.m. Pacific Standard Time

    GOLETA, CA / ACCESSWIRE / October 23, 2019 / Resonant Inc. (NASDAQ:RESN), a leader in transforming the way radio frequency, or RF, front-ends are being designed and delivered for mobile handset and wireless ...

  • ACCESSWIRE

    Resonant Customers Shipped More Than 1.5 Million Units in Q3 2019 Exceeding First Half 2019 Shipments

    GOLETA, CA / ACCESSWIRE / October 21, 2019 / Resonant Inc. (Resonant), a leader in transforming the way radio frequency, or RF, front-ends are being designed and delivered for mobile handset and wireless devices, announced that royalty unit volumes for the third quarter of 2019 were greater than the total royalty unit volumes for the first six months of 2019. "In fact, our customers shipped more devices in the three months of the third quarter of 2019 than shipped in total during the first six months of 2019.

  • ACCESSWIRE

    MicroCap Rodeo - Investor Conference Lineup for October 15 and 16, 2019

    AUSTIN, TX / ACCESSWIRE / October 15, 2019 / The MicroCap Rodeo's inaugural event is set for October 15, and 16 th , 2019 in Austin Texas at the Hilton downtown Austin. Focused on the best ideas concept, ...

  • ACCESSWIRE

    Resonant Receives First Pre-Paid Royalty Payment of $2 Million from Murata Manufacturing Co., Ltd.

    GOLETA, CA / ACCESSWIRE / October 15, 2019 / Resonant Inc. (Resonant), a leader in transforming the way radio frequency, or RF, front-ends are being designed and delivered for mobile handset and wireless devices, announced that it has received the first payment expected under the $9 million dollar multi-year commercial agreement the company has with Murata Manufacturing Co., Ltd. (Murata), utilizing Resonant's XBAR technology. Murata has paid Resonant pre-paid royalties early in the fourth quarter of 2019, which is specified in the terms of the companies' recently announced commercial agreement.

  • ACCESSWIRE

    Resonant Inc. to Present at The MicroCap Rodeo Investor Conference

    GOLETA, CA / ACCESSWIRE / October 10, 2019 / Resonant Inc. (NASDAQ:RESN), a leader in transforming the way radio frequency, or RF, front-ends are being designed and delivered for mobile handset and wireless ...

  • ACCESSWIRE

    Murata Manufacturing Co., Ltd., The World's Leading RF Module and Filter Provider and Resonant, Inc. Sign Multi-Year Commercial Agreement of XBAR Technology

    GOLETA, CA / ACCESSWIRE / October 2, 2019 / Murata Manufacturing Co., Ltd. (Murata), the world's leading RF module and filter provider and Resonant Inc. (Resonant), (RESN) a leader in transforming the way radio frequency, or RF, front-ends are being designed and delivered for mobile handset and wireless devices, jointly announced that they have entered into a multi-year commercial agreement that provides Murata with rights to multiple designs to be exclusively developed using Resonant's XBAR technology. Upon signing the commercial agreement, Murata also completed a $7 million strategic investment in Resonant as part of the previously disclosed private placement financing.

  • ACCESSWIRE

    Resonant Inc. to Present at the Fall Investor Summit

    GOLETA, CA / ACCESSWIRE / September 12, 2019 / Resonant Inc. (NASDAQ:RESN), a leader in transforming the way radio frequency, or RF, front-ends are being designed and delivered for mobile handset and wireless ...

  • ACCESSWIRE

    Resonant Inc. to Present at the H.C. Wainwright 21st Annual Global Investment Conference

    GOLETA, CA / ACCESSWIRE / September 4, 2019 / Resonant Inc. (NASDAQ:RESN), a leader in transforming the way radio frequency, or RF, front-ends are being designed and delivered for mobile handset and wireless ...