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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.
Total revenue of $33.2 million, up 9% year-over-year.
Licensing, NRE and related revenue of $22.1 million, up 42% year-over-year.
Base station & IoT royalties of $7 million, up 6% year-over-year.
GAAP operating loss for the second quarter of 2022 was $0.3 million.
The press release contains forward-looking statements that involve risks and uncertainties.