Ceva Earnings Reports

Revenue was $25.678M; GAAP EPS was -$0.15 (net loss $3.704M) while non-GAAP diluted EPS was $0.07. Licensing contributed $15.022M and royalties $10.656M. Management highlighted momentum in AI NPU deals and record cellular IoT/Wi-Fi 6 shipments.

Ceva reported a strong fourth quarter with a 21% increase in total revenue year-over-year. The company secured major licensing deals and saw record high Ceva-powered unit shipments. Royalty revenue also increased for the fifth consecutive quarter.

Ceva's Q3 2024 revenue increased by 13% year-over-year to $27.2 million, with growth in both licensing and royalties. The company signed strategic licensing deals and achieved a milestone in embedded AI with the first NeuPro-Nano NPU licensing deal. Ceva raised its full-year revenue guidance and expanded its share repurchase program.

Ceva reported strong Q2 2024 financial results, exceeding estimates with a 24% increase in total revenue compared to the same quarter last year. Licensing and royalty revenues grew by 28% and 19%, respectively. The company signed strategic deals in AI, wireless infrastructure, and Bluetooth, and achieved significant growth in the smartphone market.

Ceva's Q1 2024 results showed a decrease in total revenue to $22.1 million, but royalty revenue increased by 33% year-over-year to $10.7 million. The company concluded 11 license agreements and saw a 25% increase in volume shipments. Licensing revenue was lower than anticipated due to deal delays.

Ceva's Q4 2023 revenue was $24.2 million. Royalty revenue increased by 13% year-over-year. The company reported a GAAP loss per share of 34c and a non-GAAP diluted EPS of 10c.

CEVA, Inc. reported a total revenue of $24.1 million for Q3 2023, a 20% decrease compared to $30.0 million in Q3 2022. The company experienced sequential improvements in both licensing and royalty revenues. GAAP gross margin reached 90%, and non-GAAP gross margin reached 92%. The company shipped 500 million CEVA-powered devices during the quarter, marking a 35% sequential increase and a 40% year-over-year increase.

CEVA reported a decrease in revenue and increased net loss for Q2 2023 compared to Q2 2022. Total revenue was $26.2 million, a 21% decrease year-over-year. The company experienced a GAAP net loss of $5.8 million, compared to a net loss of $1.1 million in the same period last year.

CEVA reported a decrease in total revenue for Q1 2023 to $28.7 million, a 16% decrease compared to Q1 2022. The company experienced a GAAP operating loss of $4.8 million and a GAAP net loss of $4.9 million. However, the licensing business showed resilience, and there was record high royalty revenue from cellular IoT and Wi-Fi customers.

CEVA reported Q4 2022 revenue of $33.4 million, a 2% decrease year-over-year. Licensing, NRE and related revenue increased by 5% to $22.5 million, while royalty revenue decreased by 14% to $10.9 million. The company signed strategic deals with a global automotive semiconductor and a wearable audio OEM.

CEVA announced its Q3 2022 financial results, reporting a 3% increase in total revenue compared to the same quarter last year. The company saw growth in both licensing and royalties, with royalties from 5G RAN benefiting from share gains in China and the rollout of new base stations in the U.S.

CEVA, Inc. announced its financial results for the second quarter ended June 30, 2022. Total revenue was $33.2 million, a 9% increase compared to the same quarter last year. Licensing, NRE and related revenue increased by 42%, while royalty revenue decreased by 26%. The company concluded twenty-two IP license and NRE agreements during the quarter.

CEVA reported record total revenue of $34.4 million, a 35% increase year-over-year, driven by a 56% increase in licensing, NRE, and related revenue. GAAP operating income was $0.5 million, while non-GAAP operating income more than doubled to $5.5 million.

CEVA, Inc. reported record fourth-quarter revenue of $34.1 million, a 21% increase compared to the previous year. The company concluded strategic agreements with key customers and saw growth in licensing, NRE, and related revenue, although royalty revenue decreased.

CEVA reported record total revenue of $32.8 million, a 31% increase year-over-year. The company also saw record high licensing, NRE, and related revenue contribution of $21.6 million, including the first full quarter contribution from Intrinsix. Non-GAAP earnings per share were $0.20, up 25% year-over-year.

CEVA, Inc. announced record high total revenue of $30.5 million for Q2 2021, a 29% increase year-over-year. The company also reported GAAP net income of $0.3 million, or $0.01 per share, and non-GAAP net income of $5.1 million, or $0.22 per share.

CEVA, Inc. announced its Q1 2021 financial results, with total revenue reaching $25.4 million, an 8% increase compared to the previous year. The company completed eleven license agreements, with a focus on wireless connectivity technologies experiencing exceptional demand.

CEVA, Inc. announced its Q4 and year-end 2020 financial results. The company achieved record quarterly royalty revenue of $16.1 million, up 19% year-over-year. Total revenue for the quarter was $28.1 million, a slight decrease of 1% compared to the same period last year. The company concluded 21 licensing agreements during the quarter.

CEVA, Inc. announced strong financial results for Q3 2020, with total revenue reaching $25.0 million, a 6% increase compared to the previous year. The company saw record high royalty revenue from base station & IoT products, and signed a strategic licensing agreement for ADAS.

CEVA announced a successful Q2 2020, achieving record-high second-quarter revenue of $23.6 million, a 28% increase year-over-year. Royalty revenue also grew by 33% to $10.1 million, driven by strong performance in base station and IoT product lines.

CEVA announced strong first quarter 2020 financial results, with total revenue of $23.6 million, a 39% increase year-over-year. The company saw growth in both licensing and royalty revenues, driven by demand for its 5G, Wi-Fi 6, and sensing technologies. Despite the impact of COVID-19, CEVA's diversified customer base and new product developments contributed to a solid performance.

CEVA announced record fourth-quarter results with total revenue reaching $28.3 million, a 32% increase year-over-year. The company also achieved record licensing and royalty revenues, driven by strong performance in non-handset baseband technologies and new handset launches.