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Resonant schedules 3Q18 report and more ?5
08:55 30-Oct-18
Resonant has scheduled the report on its third quarter to be released after market close on Tuesday, November 13th. The average of 5 analysts estimates calls for a loss of 17 cents per share on $400K of revenue, with that figure more than tripling to $1.4M this quarter.
I've written quite a bit recently about how hotly anticipated
this report should be. Management needs to resolve the CFO
situation and at least affirm its guidance. Some color on
progress towards the 25M unit shipment milestone would be much
appreciated as well.
CUI Global has also issued a press
release stating that it will be educating SAMSON staff in
Bejing during the first week of November in order to develop sales
in China. This makes sense, given China's natural gas production
and consumption, but it won't have immediate impact or be positive
for CapEx.
Integrated Device Technology also released its fiscal 2Q19 results:
- 47 cents of EPS beat by 2 cents
- on $235.5M in revenue, which beat by $1.5M
Of course, so long as the Renesas purchase goes through, this
matters not at all.