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

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