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Resonant schedules, Johnson wins, Trump waffles ?3

08:52 23-Jul-19


Resonant has scheduled its second quarter report to be released on the evening of August 6th.  The average of 5 analyst estimates comes to a loss of 19 cents per share from $430K in revenue with current quarter income expected to almost double to $830K this quarter and each successive one a year to come.  Sales will have to ramp faster than that to avoid further dilution, though.  That's not a completely impossible scenario, as 5G services have been rolling out across Asia, Europe and America, but it is unlikely.

Payment from and progress in China could be complicated by the trade wars, and one has to wonder if the U.K is headed down a similar road with the Johnson victory.  Licensing rhetoric could boost MTSI as well, but I continue to think that a partnership or buyout is the best near-term hope for RESN shareholders.