---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-030793"
form_type: "8-K"
ticker: "CEVA"
cik: "0001173489"
company_name: "CEVA INC"
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T08:43:31.406698+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CEVA Q3 revenue $24.1M (-20% YoY); GAAP loss per share $0.12; adds 700K shares to buyback

## Summary
- Total revenue $24.1M (down 20% YoY); licensing $13.9M (-26% YoY, +3% sequentially); royalties $10.1M (-11% YoY, +8% sequentially).
- GAAP net loss from cont. ops $2.7M ($0.12 loss per share) vs loss $20.6M ($0.89) in Q3'22; Non-GAAP net income $1.4M ($0.06 EPS) vs $5.2M ($0.22).
- GAAP gross margin 90% (up from 81%); non-GAAP gross margin 92% (up from 89%); shipped 500M CEVA-powered devices (+35% seq, +40% YoY).
- Board expanded share repurchase by 700K shares, total ~844K shares available; cash & equivalents ~$160M after Intrinsix sale.

## SEC filing metadata
- accession: 0001437749-23-030793
- form_type: 8-K
- ticker: CEVA
- cik: 0001173489
- company_name: CEVA INC
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1173489/000143774923030793/0001437749-23-030793-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173489/000143774923030793/ceva20231106_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-030793
- JSON: https://secwatch.observer/filing/0001437749-23-030793.json
- Plain text: https://secwatch.observer/filing/0001437749-23-030793.txt

## Key facts
- Earnings Releases
  CEVA INC reported the third quarter ended September 30, 2023 results: revenue $24.1 million, net income GAAP net loss for the third quarter of 2023 was $2.7 million, EPS GAAP diluted losses per share for the third quarter of 2023 was $0.12.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $24.1 million
  - Net income: GAAP net loss for the third quarter of 2023 was $2.7 million
  - EPS: GAAP diluted losses per share for the third quarter of 2023 was $0.12
  - Result: reported results
  source text: Total revenue for the third quarter of 2023 was $24.1 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1173489/000143774923030793/0001437749-23-030793-index.htm

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