CEVA, Inc. Announces First Quarter 2021 Financial Results

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Go back to CEVA, Inc. Announces First Quarter 2021 Financial Results

CEVA Inc. (CEVA) PT Lowered to $70 at Oppenheimer

May 11, 2021 7:05 AM EDT

Oppenheimer analyst Andrew Uerkwitz lowered the price target on CEVA Inc. (NASDAQ: CEVA) to $70.00 (from $85.00) while maintaining a Outperform rating.

The analyst commented, "CEVA reported 1Q21 revenue above and EPS below consensus forecasts of $24.0M/ $0.06 and versus our previous $23.7M/ ($0.05E). Top-line... More

CEVA, Inc. (CEVA) Misses Q1 EPS by 5c, Revenues Beat

May 10, 2021 7:17 AM EDT

CEVA, Inc. (NASDAQ: CEVA) reported Q1 EPS of $0.01, $0.05 worse than the analyst estimate of $0.06. Revenue for the quarter came in at $25.4 million versus the consensus estimate of $24.01 million.

Gideon Wertheizer, CEO of CEVA, stated: "Our first quarter results reflect a strong start for the year, with... More