earnings
confidence high
sentiment negative
materiality 0.65
CEVA Q2 revenue $33.2M (+9% YoY); GAAP net loss $1.1M ($0.05 loss per share)
CEVA INC
2022-Q2 EPS reported
-$0.12
revenue$67,586,000
- Total revenue $33.2M (+9% YoY); licensing/NRE $22.1M (+42%); royalties $11.1M (-26%, -4% ex one-time).
- GAAP op loss $0.3M vs income $1.6M; net loss $1.1M ($0.05 loss per share) vs income $0.3M ($0.01 EPS).
- Non-GAAP op income $4.6M, net income $4.3M ($0.18 diluted EPS) vs $5.1M ($0.22) in Q2 2021.
- Signed 22 IP licenses/NRE deals, 5 with first-time customers; base station & IoT royalties $7M (+6% YoY).
- Repurchased ~$4.5M shares in Q2; cash and marketable securities $146M.