Management Commentary
“Our RF filter designs continued to gain traction within key
end markets in the first quarter, as evidenced by the record 8.6
million RF filters our customers shipped during the quarter, which
were designed with our proprietary design technology,” said George
B. Holmes, Chairman and CEO of Resonant. “This acceleration of unit
shipment volumes, along with our continued progress towards
high-volume manufacturing of our XBAR® technology, is validating
our strategy to capitalize on a multi-billion-dollar opportunity by
revolutionizing the RF filter supply chain with solutions that
innately and reliably meet the complex requirements of
next-generation, ultra-fast networks, such as 5G.”
“Our agreement with the world’s largest RF filter manufacturer
is advancing rapidly, following successful performance and
reliability demonstrations with our partner, which confirmed our
XBAR® filter designs are proceeding towards market availability at
mass scale. Additionally, we are working to help our existing
partners service the anticipated heightened demand in the global
mobile handset market and extended an agreement with a Chinese
Tier-1 foundry partner for 4G devices.
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RESN nice day
Posted by matt on 4th of Jun 2021 at 02:51 pm
RESN - Chart Link- made my Friday, which otherwise has been boring
Same here. Been a good
Posted by steve101 on 4th of Jun 2021 at 03:00 pm
Same here. Been a good day for RESN: https://seekingalpha.com/news/3699228-resonant-in-all-day-rally-to-25-gain. That might have more legs.
Management Commentary
“Our RF filter designs continued to gain traction within key end markets in the first quarter, as evidenced by the record 8.6 million RF filters our customers shipped during the quarter, which were designed with our proprietary design technology,” said George B. Holmes, Chairman and CEO of Resonant. “This acceleration of unit shipment volumes, along with our continued progress towards high-volume manufacturing of our XBAR® technology, is validating our strategy to capitalize on a multi-billion-dollar opportunity by revolutionizing the RF filter supply chain with solutions that innately and reliably meet the complex requirements of next-generation, ultra-fast networks, such as 5G.”
“Our agreement with the world’s largest RF filter manufacturer is advancing rapidly, following successful performance and reliability demonstrations with our partner, which confirmed our XBAR® filter designs are proceeding towards market availability at mass scale. Additionally, we are working to help our existing partners service the anticipated heightened demand in the global mobile handset market and extended an agreement with a Chinese Tier-1 foundry partner for 4G devices.