earnings
confidence high
sentiment neutral
materiality 0.75
CEVA Q4 GAAP EPS $0.08 vs $0.17; FY22 record revenue $134.6M (+10%)
CEVA INC
2022-FY EPS reported
-$1.00
revenue$134,648,000
- Q4 total revenue $33.4M (-2% YoY); licensing/NRE $22.5M (+5%); royalties $10.9M (-14%)
- FY22 record revenue $134.6M (+10% YoY); record licensing/NRE $89.3M (+23%); royalties $45.4M (-9%)
- GAAP operating loss $1.6M vs income $1.6M in Q4 2021; GAAP net income $1.9M ($0.08 diluted EPS) vs $3.9M ($0.17)
- Non-GAAP Q4 operating income $5.3M vs $7.2M; non-GAAP EPS $0.23 vs $0.22
- Record 1.7B CEVA-powered devices shipped in FY22; 22 IP license/NRE deals signed in Q4