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Resonant reports falling revenue as it partners with Murata to raise $10M

By   /   Tuesday, August 6th, 2019  /   Comments Off on Resonant reports falling revenue as it partners with Murata to raise $10M

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Updated at 3:30 p.m. Aug. 6: Revenue for Goleta electronic component designer Resonant fell by nearly half in the second quarter, the company reported Aug. 6, as net losses mounted to $7.56 million. An agreement announced earlier that day would provide more working capital for the company through a $10 million equity investment from the…

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