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Resonant schedules 2Q17 report ?4

10:59 28-Jul-17


Resonant has scheduled the report on its second quarter to take place after the bell on August 9th.  The average projections of 2 analysts following the company comes to a loss of 29 cents per share on revenue of just $50K.  These analysts see revenue doubling each quarter thereafter for the rest of the year, which is minimal compared to the potential sales if the Samsung part identification is correct.  Industry types are typically not very on the ball and generally wouldn't update their estimates based on info from a relative outsider anyway.  Thus there is potential for substantial appreciation in RESN simply on the basis of implied confirmation from management.