secwatch.observer — SEC 8-K summary
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Issuer:     CEVA INC (CEVA)
CIK:        0001173489
Form:       8-K
Filed at:   2021-08-09T23:59:59+00:00
Accession:  0001437749-21-019013
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1173489/000143774921019013/0001437749-21-019013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1173489/000143774921019013/ceva20210805_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-019013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer