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Dec 31, 2019
Ceva Q4 2019 Earnings Report
Achieved record quarterly total revenue and signed a strategic agreement with a large smartphone OEM for in-house cellular modem development.
Key Takeaways
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.
Record quarterly total revenue of $28.3 million, up 32% year-over-year.
Record 360 million CEVA-powered devices shipped in the fourth quarter, up 45% year-over-year.
Completed 21 agreements in the fourth quarter.
Strong growth in non-handset baseband royalty revenue of $13 million, up 49% year-over-year.
Revenue by Segment
Forward Guidance
CEVA expects to continue its top-line revenue growth, driven by strong momentum in licensing and expansion in royalties from non-handset baseband products.
Positive Outlook
- Strong momentum in licensing.
- Expansion in royalties from non-handset baseband products.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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