December 5, 2022
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Goleta 5G filter company Resonant sold to Japanese firm at big premium

By   /  Tuesday, February 15th, 2022  /  Banking & Finance, Latest news, right, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Goleta 5G filter company Resonant sold to Japanese firm at big premium

Resonant, a developer of radio frequency filters with a focus on 5G cellular devices, is being acquired by Murata Electronics North America, a subsidiary of the Japanese company Murata Manufacturing, for $295 million in cash. Resonant moved its headquarters from Goleta to Austin, Texas, a little over a year ago, but still has its main Read More →

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Net losses up at Resonant in Q3

By   /  Thursday, November 11th, 2021  /  Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Net losses up at Resonant in Q3

Net losses grew for Resonant in the third quarter of 2021, as the company announced an expanded multi-year agreement with its manufacturing partner. Resonant, which is based in both Santa Barbara and Austin, Texas, provides radio frequency filters for multiple applications, including 5G cellular devices. The company generated $400,000 in revenue for the third quarter, Read More →

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Resonant hopes expanded licensing deal will propel it to top of 5G world

By   /  Friday, November 5th, 2021  /  Banking & Finance, Latest news, South Coast, Subscriber content, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Resonant hopes expanded licensing deal will propel it to top of 5G world

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Losses mount at Resonant, but CEO predicts big things as 5G future approaches

By   /  Friday, July 16th, 2021  /  Banking & Finance, Earnings, Latest news, South Coast, Subscriber content, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Losses mount at Resonant, but CEO predicts big things as 5G future approaches

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Resonant reports smaller losses in 2020

By   /  Monday, March 15th, 2021  /  Banking & Finance, Earnings, Latest news, Technology, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Resonant reports smaller losses in 2020

Resonant, a Texas-based provider of radio frequency filter designs with major operations in Goleta, ended 2020 with rising revenues and shrinking losses. In the fourth quarter of 2020, Resonant revenue increased 32% from a year earlier, to $607,000, the company said in a March 15 earnings release. It had a net loss of $7.1 million, Read More →

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Region’s tech firms join exodus to Texas

By   /  Friday, January 29th, 2021  /  Central Coast, East Ventura County, Latest news, right, South Coast, Subscriber content, Technology, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Region’s tech firms join exodus to Texas

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Resonant reports growing revenue, shrinking losses

By   /  Tuesday, November 10th, 2020  /  Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Resonant reports growing revenue, shrinking losses

Resonant, a Goleta-based cellular technology company, reported its third quarter earnings on Nov. 10 with a net loss of $6.1 million, or 11 cents per share. That was an improvement upon the same quarter a year ago, where Resonant had a net loss of $7.4 million, or 26 cents per share. Revenue in the third Read More →