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Resonant Inc. (NASDAQ: RESN) reported a significant acceleration in RF filter shipments, achieving over 21 million units in Q3 2021, marking a year-over-year growth of over 433%. Year-to-date, shipments exceeded 47 million filters. The company surpassed a milestone of 100 million filters cumulatively shipped thanks to its proprietary WaveX technology, catering to mobile handsets, infrastructure, and automotive applications. CEO George B. Holmes highlighted this growth as a strong indication of Resonant's strategy to transform the RF filter supply chain, with plans for high-volume manufacturing of the innovative XBAR® filters.
Resonant Inc. (NASDAQ: RESN) has expanded its partnership with Murata Manufacturing Co., Ltd. to leverage its XBAR® technology in developing 5G RF filters across additional bands. This agreement aims to enhance Resonant's manufacturing capabilities and meet the demands of next-generation wireless networks. CEO George B. Holmes emphasized the validation of their technology and partnership. XBAR® technology, known for its performance in high-frequency applications, positions Resonant to capitalize on the growing demand for advanced connectivity solutions as the market evolves.
Resonant Inc. (NASDAQ: RESN) has announced an expanded partnership with Murata Manufacturing Co., Ltd. to develop 5G XBAR® RF filters. This agreement enhances Resonant's XBAR® technology application across additional frequency bands, aiming to meet the growing demand for high-performance RF solutions in next-gen wireless networks. Chairman and CEO George B. Holmes emphasized the validation of their collaboration and the importance of XBAR® technology in addressing challenges faced by future networks. This partnership is expected to facilitate high-volume manufacturing and improve market scalability.
Resonant Inc. (NASDAQ: RESN) is set to host a webinar titled “5G Insights in Japan” on September 30, 2021, focusing on next-generation wireless technologies and 5G's implications for Japanese consumers. Industry veterans from companies like Broadcom and Apple will discuss the journey from 1G to 5G, adoption drivers, and the continued relevance of 4G. The event will be available in both Japanese and English, with a live audio webcast accessible via the provided link. This initiative highlights Resonant’s innovative XBAR® filter technology and WaveX™ design tools.
Resonant Inc. (NASDAQ: RESN) announced its participation in the 23rd Annual H.C. Wainwright Global Investment Conference from September 13-15, 2021. Management will host a virtual fireside chat on September 13 at 7:00 a.m. ET, led by analyst Kevin Dede. A webcast of the chat will be available for 90 days. Resonant offers innovative RF filter solutions, leveraging its WaveX™ design technology to address the growing demands of mobile and 5G connectivity. Investors can access more information through their website and social media channels.
Resonant Inc. (NASDAQ: RESN) reported a substantial increase in RF filter shipments, achieving 17.5 million units in Q2 2021, a 450% year-over-year growth. Despite this, revenues remained stagnant at $0.6 million, consistent with Q2 2020 and Q1 2021. The firm recorded a net loss of $9.1 million, up from $7.2 million year-over-year. Research and development expenses rose to $5.9 million, indicating heightened investment in technology like XBAR® and WaveX™. The patent portfolio now exceeds 375 patents, reinforcing their innovation strategy.
Resonant Inc. (NASDAQ: RESN) announced the appointment of Mike Conry as Vice President of Product Development, effective August 9, 2021. Conry brings extensive experience from his tenure at Peregrine Semiconductor, focusing on RF front-end technologies. His role will involve enhancing the commercialization and manufacturing of Resonant's XBAR® technologies. CEO George B. Holmes highlighted Conry's potential for driving growth in the RF market, particularly as demand for 5G solutions rises.
Resonant Inc. (NASDAQ: RESN) will present at the Oppenheimer 24th Annual Virtual Technology, Internet & Communications Conference on August 9, 2021, at 3:45 p.m. ET. This event highlights Resonant's commitment to enhancing RF filter solutions, aimed at improving connectivity for mobile devices and supporting the transition to 5G.
Management will engage in virtual one-on-one meetings with investors during the conference. The company's innovative WaveX™ design technology accelerates product development and reduces costs.
Resonant Inc. (NASDAQ: RESN) will announce its second quarter financial results for 2021 on August 11, 2021, after market close. A conference call is scheduled for the same day at 3:30 p.m. CST (4:30 p.m. EST) to discuss the results, followed by a Q&A session. The company focuses on RF filter solutions, leveraging its WaveX™ design software and extensive IP portfolio to enhance design efficiency and meet 5G demands. Stakeholders can access the earnings call through a dedicated webcast and follow-up playback options until September 11, 2021.
Resonant Inc. (NASDAQ: RESN) will host a two-part webinar series titled "Breaking Through the Noise of 5G in Europe" on July 20 and 22, 2021. Featuring industry experts from major companies like Broadcom and Apple, the webinars will cover the transition from 1G to 5G, drivers of 5G adoption, and the role of 4G. The first session will introduce 5G basics, and the second will delve into RF Front End specifics. Both webinars start at 4:30 p.m. ET and can be accessed online. For registration and more details, visit Resonant's website.
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