secwatch.observer — SEC 8-K summary
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Issuer:     CEVA INC (CEVA)
CIK:        0001173489
Form:       8-K
Filed at:   2024-02-14T23:59:59+00:00
Accession:  0001437749-24-004004
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ceva Q4 revenue $24.2M (-20% YoY), GAAP loss $0.34/share, non-GAAP EPS $0.10 beat
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- Q4 total revenue $24.2M, down 20% YoY; licensing revenue $11.8M vs $19.4M prior year.
- Q4 royalty revenue $12.3M, up 13% YoY, third consecutive quarter of growth.
- GAAP operating loss $2.8M vs income $1.0M prior year; GAAP net loss $8.1M ($0.34 loss per share).
- Non-GAAP net income $2.3M ($0.10 diluted EPS), exceeding expectations.
- FY23 revenue $97.4M (-19% YoY); GAAP net loss $18.4M; record cellular IoT shipments 130M units (+64% YoY).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1173489/000143774924004004/0001437749-24-004004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1173489/000143774924004004/ceva20240211_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-004004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer