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Resonant schedules 3Q18 report and more ?5


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:

Of course, so long as the Renesas purchase goes through, this matters not at all.