earnings
confidence high
sentiment positive
materiality 0.80
CEVA Q3 revenue record $32.8M (+31% YoY); non-GAAP EPS $0.20 vs $0.16
CEVA INC
2021-Q3 EPS reported
-$0.15
revenue$88,649,000
- Record total revenue $32.8M (up 31% YoY); licensing/NRE revenue $21.6M (+74% YoY).
- Royalty revenue $11.2M (down 11% YoY) but base station/IoT royalties hit record, surpassing 400M units.
- GAAP net loss $0.2M ($0.01 loss per share) vs loss $0.7M ($0.03 loss) YoY.
- Non-GAAP net income $4.7M (+29% YoY); diluted EPS $0.20 (+25% YoY).
- Signed 25 IP license/NRE agreements; 13 first-time customers; Intrinsix contributed full quarter including Lockheed Martin deal.