Welcome to our dedicated page for Resonant news (Ticker: RESN), a resource for investors and traders seeking the latest updates and insights on Resonant stock.
Resonant Inc. (former NASDAQ: RESN) generated news primarily as a developer of radio frequency (RF) filter solutions and design technologies for RF front‑ends in mobile and wireless devices, and later through its agreement to be acquired by Murata. Company press releases focused on its WaveX™ design platform, XBAR® Bulk Acoustic Wave (BAW) filter technology, and commercial partnerships in the RF filter ecosystem.
On this news page, readers can review historical announcements in which Resonant described how its WaveX™ software tools and intellectual property portfolio were used to create RF filter and module designs for demanding 5G, Wi‑Fi and UWB applications. The company’s communications highlighted topics such as expanded multi‑year commercial agreements with what it called the world’s largest RF filter manufacturer, pre‑paid royalty payments tied to XBAR®‑based designs, and milestones in customer shipments of RF filters based on Resonant designs.
Resonant’s news flow also included investor conference presentations and industry events, where management discussed how RF filter manufacturers could use XBAR® technology to support the transition to next‑generation wireless networks. In addition, legal and corporate updates appeared, including announcements that Murata Electronics North America, Inc. and Resonant had entered into a definitive agreement for Murata to acquire all outstanding shares of Resonant not already owned by Murata for $4.50 per share in cash.
For investors and researchers analyzing RESN, this archive offers context on the company’s positioning in RF front‑ends, the evolution of its partnerships and royalty arrangements, and the sequence of events leading up to its acquisition by Murata. Users interested in the history of RF filter design platforms, XBAR® technology, and related corporate transactions can refer to these historical news items as a record of Resonant’s activities while it was a publicly traded company.
Resonant Inc. (NASDAQ: RESN) reported Q2 2020 revenues of $604,000, a net loss of $7.2 million, and a successful shipment of over 4.7 million units in the first half of 2020, marking a 200% year-over-year increase. The company achieved significant milestones in 5G technology, including the delivery of its first 5G XBAR® samples. With cash reserves of $23.9 million and no debt, Resonant is positioned for growth, expecting second-half revenues to surpass the first half. The CEO highlighted advancements in both mobile and non-mobile 5G applications.
Resonant (NASDAQ: RESN) announced its second quarter financial results will be released on August 5, 2020, after market close. An investor conference call will follow at 1:30 p.m. PDT to discuss financial outcomes and provide corporate updates. Resonant specializes in RF front-end solutions focusing on efficiency and cost reduction, especially for mobile devices in the rising 5G market. The company emphasizes its Infinite Synthesized Network (ISN) technology, which enhances design capabilities and lowers manufacturing costs, addressing supply chain constraints within the RF industry.
Resonant Inc. (NASDAQ: RESN) will host a conference call with Loop Capital on July 8, 2020, at 10:00 am PT / 1:00 pm ET. The call will feature Chairman & CEO George B. Holmes, COO Dylan Kelly, and Advisor Mike Eddy, hosted by Cody Acre, Managing Director. Investors can access the call through their Loop Capital representative or by contacting LHA Investor Relations. Resonant is innovating RF front-ends, leveraging its Infinite Synthesized Network (ISN) software to improve design efficiency and reduce time to market.
Resonant Inc. (NASDAQ: RESN) announced the delivery of a complete 5G XBAR® WiFi sample kit to a partner with strong OEM relationships in Asia, meeting its goal of sampling non-mobile 5G XBAR products by June 30, 2020. The XBAR technology is designed for high-frequency, wide-bandwidth applications, optimizing performance for 5G and Wi-Fi systems. With an industry-leading relative bandwidth of 18% and low loss (1.5 dB), it supports frequency bands up to 7125 MHz. The company aims to enhance connectivity in mobile devices while addressing supply chain challenges in the RF front-end market.
Resonant is set to join the small-cap Russell 2000 Index and broad-market Russell 3000 Index effective June 29, 2020. The inclusion expands exposure to investors, highlighting its XBAR RF Filter technology and Infinite Synthesized Networks (ISN) software. With approximately $9 trillion in assets benchmarked against Russell's indexes, this milestone is significant for Resonant's growth potential in the 5G market. The company's innovative approach aims to streamline the RF front-end supply chain, enhancing design efficiency and reducing costs.
Resonant Inc. (NASDAQ: RESN) announced that Dr. Victor Plessky, Director of Engineering, received the C. B. Sawyer Memorial Award for 2020 from the IEEE International Frequency Control Symposium. This award honors significant achievements in resonator materials development and was conferred due to Dr. Plessky's pioneering work in Surface Acoustic Wave (SAW) devices. His contributions have been crucial for Resonant's Infinite Synthesized Networks (ISN) technology, impacting the design of RF front-ends, particularly for 5G and WiFi applications. The award presentation is scheduled for July 20, 2020.
Resonant Inc. (NASDAQ: RESN) has released an infographic detailing the requirements for a 5G "Wave 2" device to achieve mobile bandwidth exceeding 700 Mbps. Currently, the 5G "Wave 1" network offers speeds up to 19 Mbps; however, interference reduces performance drastically as user numbers increase. The company emphasizes the critical role of RF filters and its XBAR® resonator technology in enhancing 5G throughput for mobile devices. The infographic illustrates how download times for large files can be dramatically reduced with improved 5G performance.
Resonant Inc. (NASDAQ: RESN) will participate in the Stifel 2020 Virtual Cross Sector Insight Conference on June 10, 2020, at 11:20 a.m. ET. The management will discuss their strategy in the mobile market and updates on XBAR technology's expansion into the non-mobile RF filter sector, addressing high-frequency demands for 5G and WiFi devices. The event will be available for live viewing and replay on the company's website. Investors are also encouraged to read the new whitepaper on 5G services, accessible online.
Resonant (NASDAQ: RESN) announced progress in collaboration with Teledyne Scientific on validating its Infinite Synthesized Networks (ISN®) platform. The partnership has successfully fabricated wide bandwidth, high frequency XBAR® filters, critical for 5G applications, utilizing four unique foundries. These all-acoustic filters aim to eliminate bandwidth-enhancing loss techniques. Anticipated first samples targeting non-mobile applications, including 5G infrastructure, will be delivered in the first half of the year, thus broadening Resonant's market opportunities beyond mobile.
Resonant Inc. (RESN) reported a sequential revenue increase to $544,000 for Q1 2020, up from Q4 2019. The company also signed multiple licensing agreements in China, enhancing its market presence. Despite a net loss of $8 million, expenses were reduced by approximately $5 million annually. Resonant's technological advancements in XBAR technology targeting 5G and the addition of six industry leaders to its Advisory Board indicate growth potential. Cash and equivalents stood at $29.6 million as of March 31, 2020.