Resonant, Inc (RESN)

[tykundegex]

Whoa.. on the call just now.. they said customers shipped 800k units in Q1 (revenue was a paltry $134k), but they expect "millions" in Q2 and "tens of millions" in Q3. That would translate to $15-30MM in annualized revenue.

They also described their XBar as "the cat's meow" of the 5G chips, offering double the next best chip's bandwidth.

The management team has never sounded more bullish (and I've been listening to these calls for a few years now).

Has Resonant finally turned a corner? Are they really on the path to a $100MM++ revenue company that they always claimed they can be? Is this a $1bn company in the making, or a $5bn one a few years further out?