CEVA, Inc. (CEVA) Tops Q4 EPS by 4c

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CEVA, Inc. Announces Fourth Quarter and Year End 2016 Financial Results

February 1, 2017 7:00 AM EST

MOUNTAIN VIEW, Calif., Feb. 1, 2017 /PRNewswire/ -- CEVA, Inc. (NASDAQ: CEVA), the leading licensor of signal processing IP for smarter, connected devices, today announced its financial results for the fourth quarter and year ended December 31, 2016.

Total revenue for the fourth quarter of 2016 was $21.2 million, a 32% increase compared to $16.1 million reported for the fourth quarter of 2015. Fourth quarter 2016 licensing and related revenue was $8.3 million, an increase of 3% when compared to $8.0 million reported for the same quarter a year ago. Royalty revenue... More