February 23, 2024
Loading...
You are here:  Home  >  Latest news  >  Current Article

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

IN THIS ARTICLE

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…

Subscribe

    This article is only available to Business Times subscribers
  • Subscribers: or REGISTER for complete digital access.
  • Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
  • Check the STATUS of your Subscription Account.