secwatch.observer — SEC 8-K summary
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Issuer:     CEVA INC (CEVA)
CIK:        0001173489
Form:       8-K
Filed at:   2022-02-15T23:59:59+00:00
Accession:  0001437749-22-003365
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CEVA Q4 revenue record $34.1M (+21% YoY); FY licensing revenue record $72.8M, 73 deals signed
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- Q4 total revenue $34.1M (record), up 21% YoY; licensing/NRE $21.3M (+77%), royalties $12.7M (-21%).
- GAAP net income $3.9M ($0.17 EPS) vs $0.6M ($0.03) in Q4 2020; non-GAAP EPS $0.22.
- FY 2021 total revenue $122.7M (+22%); licensing record $72.8M (+39%); royalties record $49.9M (+4%).
- Over 1.6B CEVA-powered units shipped in 2021; base station & IoT royalties up 28% to $28.6M.
- Cash $155M, no debt; strategic deals for 5G, Wi-Fi 7, Edge AI, first integrated IP solutions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1173489/000143774922003365/0001437749-22-003365-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1173489/000143774922003365/ceva20220211_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-003365

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