---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-022624"
form_type: "8-K"
ticker: "CEVA"
cik: "0001173489"
company_name: "CEVA INC"
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T21:29:18.081880+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# CEVA Q2 2023 revenue falls 21% YoY to $26.2M; GAAP net loss per share $0.25

## Summary
- Total revenue $26.2M, down 21% from $33.2M in Q2 2022; licensing/NRE revenue $16.8M (-24%), royalties $9.4M (-15%, +17% sequential).
- GAAP operating loss $6.3M vs loss $0.3M YoY; GAAP net loss $5.8M ($0.25 diluted loss per share) vs $1.1M loss ($0.05) YoY.
- Non-GAAP operating loss $1.1M vs profit $4.6M YoY; non-GAAP net loss $0.5M ($0.02) vs income $4.3M ($0.18) YoY.
- CEO cites semiconductor startup funding slowdown limiting licensing; 17 IP/NRE deals signed, 5 with first-time customers.
- Management implemented cost-saving initiatives to reduce expenses for remainder of 2023.

## SEC filing metadata
- accession: 0001437749-23-022624
- form_type: 8-K
- ticker: CEVA
- cik: 0001173489
- company_name: CEVA INC
- filed_at: 2023-08-09T23:59:59+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/1173489/000143774923022624/0001437749-23-022624-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173489/000143774923022624/ceva20230807_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-022624
- JSON: https://secwatch.observer/filing/0001437749-23-022624.json
- Plain text: https://secwatch.observer/filing/0001437749-23-022624.txt

## Key facts
- Earnings Releases
  CEVA INC reported the second quarter ended June 30, 2023 results: revenue $26.2 million, net income $5.8 million, EPS $0.25.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $26.2 million
  - Net income: $5.8 million
  - EPS: $0.25
  - Result: reported results
  source text: CEVA, Inc. (NASDAQ: CEVA), the leading licensor of wireless connectivity and smart sensing technologies and custom SoC solutions, today announced its financial results for the second quarter ended June 30, 2023. Total revenue for the second quarter of 2023 was $26.2 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1173489/000143774923022624/0001437749-23-022624-index.htm

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