CEVA Q2: record revenue $30.5M, GAAP EPS $0.01, non-GAAP EPS $0.22

CEVA INC

2021-Q2 EPS reported -$0.15 revenue$55,859,000

All-time high total revenue of $30.5M, up 29% YoY; licensing/NRE $15.5M (+15%), royalties $14.9M (+48%, includes $3.3M past royalty resolution).
GAAP net income $0.3M ($0.01 diluted EPS) vs $1.1M loss (-$0.05) in Q2 2020; non-GAAP net income $5.1M ($0.22 EPS) vs $2.9M ($0.12).
Record shipments of Bluetooth, Wi-Fi and cellular IoT devices; 17 license deals signed, 6 with first-time customers, including 9 in China.
Acquired Intrinsix in Q2, expanding into aerospace & defense with mixed-signal/security IP; cash $137M, no debt.
5G base station RAN returned to growth; CEO cites exceptional performance and market traction.

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