Resonant Inc. (NASDAQ:RESN) Announces Quarterly Earnings Results

Resonant Inc. (NASDAQ:RESN) announced its quarterly earnings data on Wednesday. The semiconductor company reported ($0.29) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.26) by $0.03, Bloomberg Earnings reports. Resonant had a negative net margin of 3,959.40% and a negative return on equity of 152.50%.

Resonant (NASDAQ:RESN) traded up 6.29% during midday trading on Wednesday, hitting $4.90. 139,156 shares of the company traded hands. The stock’s market cap is $71.07 million. The stock has a 50 day moving average of $4.63 and a 200 day moving average of $4.63. Resonant has a 12-month low of $3.82 and a 12-month high of $6.76.

TRADEMARK VIOLATION NOTICE: This news story was reported by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this news story on another domain, it was stolen and republished in violation of international copyright and trademark laws. The original version of this news story can be read at

Several brokerages have commented on RESN. Rodman & Renshaw began coverage on shares of Resonant in a research report on Tuesday, April 25th. They set a “buy” rating and a $8.00 target price on the stock. Zacks Investment Research lowered shares of Resonant from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. Drexel Hamilton restated a “buy” rating and set a $8.00 target price on shares of Resonant in a research report on Friday, June 23rd. Finally, HC Wainwright set a $8.00 target price on shares of Resonant and gave the stock a “buy” rating in a research report on Saturday, June 24th.

Resonant Company Profile

Resonant Inc is a late-stage development company. The Company creates filter designs for radio frequency (RF) front-ends for the mobile device industry. The RF front-end is the circuitry in a mobile device for analog signal processing and is located between the device’s antenna and its digital baseband.

Earnings History for Resonant (NASDAQ:RESN)

Receive News & Ratings for Resonant Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Resonant Inc. and related companies with's FREE daily email newsletter.

Latest News

Leave a Reply