Loading...
•
Mar 31, 2021
Ceva Q1 2021 Earnings Report
Reported an 8% increase in total revenue year-over-year, driven by strong growth in royalties from the base station & IoT product category.
Key Takeaways
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.
Total revenue was $25.4 million, up 8% year-over-year.
Base Station & IoT category royalties increased by 56% year-over-year.
Wireless connectivity licensing for IoT, smartphones, and smart home devices experienced exceptional demand.
Eleven license agreements were completed, with two being with first-time customers.
Ceva
Ceva
Ceva Revenue by Segment
Revenue by Segment
Licensing & related Revenue
CapyFin.comRoyalties Revenue
CapyFin.com Forward Guidance
The company expects ongoing corporate tax rate to be lower and in line with original expectations, but mainly dependent on the outcome of revenue allocation mix.
Revenue & Expenses
Visualization of income flow from segment revenue to net income