secwatch.observer — SEC 8-K summary
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Issuer:     CEVA INC (CEVA)
CIK:        0001173489
Form:       8-K
Filed at:   2022-05-10T23:59:59+00:00
Accession:  0001437749-22-011622
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CEVA reports record Q1 revenue of $34.4M, up 35% YoY; GAAP loss narrows
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- Total revenue $34.4M (+35% YoY); licensing/NRE revenue $22.4M (+56%).
- GAAP operating income $0.5M vs loss $1.3M prior year; non-GAAP op income $5.5M (more than doubled).
- GAAP net loss $1.7M ($0.07 loss per share) vs $3.6M loss ($0.16 loss) prior year.
- Non-GAAP net income $4.2M, diluted EPS $0.18 vs $0.01 prior year.
- Record 531M CEVA-powered unit shipments; 14 new license agreements signed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1173489/000143774922011622/0001437749-22-011622-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1173489/000143774922011622/ceva20220507_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-011622

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