RESN - RESN STOCK NEWS

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.

Resonant Inc. (NASDAQ: RESN), a leader in RF front-end design, will participate in the Oppenheimer 5th Annual Emerging Growth Conference on May 12, 2020. The company plans to share a business update focusing on its strategies within mobile and emerging non-mobile markets, including advancements in XBAR® 5G technology and partnerships in the 4G China handset market. Resonant's unique offerings include a premier software design suite and an extensive IP licensing model aimed at meeting the evolving RF filter market demands.