---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-026465"
form_type: "8-K"
ticker: "CEVA"
cik: "0001173489"
company_name: "CEVA INC"
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T00:41:52.541867+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# CEVA Q3 revenue $33.7M (+3% YoY); GAAP net loss $22.3M; CEO Wertheizer to retire, Panush named successor

## Summary
- GAAP net loss $22.3M ($0.96 diluted loss) vs $0.2M loss a year ago; includes $15.7M tax asset write-off and $5.5M impairment.
- Non-GAAP net income $4.7M ($0.20 EPS), flat YoY; non-GAAP operating income $6.8M up 4%.
- CEO Gideon Wertheizer to retire at year end; Amir Panush appointed as new CEO effective Q4 2022.
- Royalty revenue $11.4M (+2% YoY); base station & IoT royalties up 16% QoQ to $8.2M on 5G RAN growth.
- Repurchased $2.3M of stock in Q3; cash & securities total $144M; guidance for Q4 not provided in release.

## SEC filing metadata
- accession: 0001437749-22-026465
- form_type: 8-K
- ticker: CEVA
- cik: 0001173489
- company_name: CEVA INC
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1173489/000143774922026465/0001437749-22-026465-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173489/000143774922026465/ceva20221107_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-026465
- JSON: https://secwatch.observer/filing/0001437749-22-026465.json
- Plain text: https://secwatch.observer/filing/0001437749-22-026465.txt

## Key facts
- Earnings Releases
  CEVA INC reported third quarter ended September 30, 2022 results: revenue $33.7 million.
  - Period: third quarter ended September 30, 2022
  - Revenue: $33.7 million
  - Result: reported results
  source text: --- EX-99.1 (EXHIBIT 99.1) --- EX-99.1 2 ex_444005.htm EXHIBIT 99.1 ex_444005.htm Exhibit 99.1 CEVA, Inc. Announces Third Quarter 2022 Financial Results - Total revenue of $33.7 million, up 3% year-over-year - Consistent royalty revenue growth from 5G RAN helps to grow base station & IoT royalties 16% quarter-over-quarter to $8.2 million - Amir Panush announced
  evidence_url: https://www.sec.gov/Archives/edgar/data/1173489/000143774922026465/0001437749-22-026465-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.