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

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Go back to CEVA, Inc. (CEVA) Tops Q4 EPS by 4c, Misses on Revenue

Ceva, Inc. Announces Fourth Quarter and Full Year 2023 Financial Results

February 14, 2024 7:00 AM EST

- Q4 Total revenue of $24.2 million, in line with expectations, with GAAP loss per share of 34c and non-GAAP diluted EPS of 10c, exceeding expectations 

- Q4 Royalty revenue of $12.3 million, up 13% year-over-year, and the third consecutive quarter of royalty revenue growth

- Q4 Strategic license agreements signed with a U.S. based MCU leader for Wi-Fi 6 and with a global automotive semiconductor leader for AI-enabling software

- Full year 1.6 billion Ceva-powered smart edge devices shipped, equivalent to 50 devices sold every second,... More