secwatch.observer — SEC 8-K summary
======================================

Issuer:     CEVA INC (CEVA)
CIK:        0001173489
Form:       8-K
Filed at:   2021-11-09T23:59:59+00:00
Accession:  0001437749-21-025793
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CEVA Q3 revenue record $32.8M (+31% YoY); non-GAAP EPS $0.20 vs $0.16
---------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1173489/000143774921025793/0001437749-21-025793-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1173489/000143774921025793/ceva20211105_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-025793

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