---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-015490"
form_type: "8-K"
ticker: "CEVA"
cik: "0001173489"
company_name: "CEVA INC"
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T04:57:17.535069+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Ceva Q1 revenue $22.1M, down 16% YoY; licensing revenue misses, royalty up 33%

## Summary
- Total revenue $22.1M (down from $26.3M YoY); GAAP net loss $5.4M ($0.23 diluted loss per share).
- Licensing revenue $11.4M (down 37% YoY); royalty revenue $10.7M (+33%) on 371M units (+25%).
- GAAP operating loss widened to $5.0M from $2.6M; non-GAAP operating loss $0.8M vs prior income $1.2M.
- CEO: licensing shortfall due to deal delays; one closed early Q2; confident in achieving annual revenue target.
- Cash and equivalents $159M; 11 IP licensing deals signed in Q1, including for Wi-Fi 7 and Bluetooth 6.

## SEC filing metadata
- accession: 0001437749-24-015490
- form_type: 8-K
- ticker: CEVA
- cik: 0001173489
- company_name: CEVA INC
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1173489/000143774924015490/0001437749-24-015490-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173489/000143774924015490/ceva20240506_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-015490
- JSON: https://secwatch.observer/filing/0001437749-24-015490.json
- Plain text: https://secwatch.observer/filing/0001437749-24-015490.txt

## Key facts
- Earnings Releases
  CEVA INC reported the quarter ended March 31, 2024 results: revenue $22.1 million, net income $5.4 million, EPS $0.23.
  - Period: the quarter ended March 31, 2024
  - Revenue: $22.1 million
  - Net income: $5.4 million
  - EPS: $0.23
  - Result: reported results
  source text: with Arm through Arm Total Design to accelerate development of end-to-end 5G SoCs for Infrastructure and NTN Satellites Total revenue for the first quarter of 2024 was $22.1 million, compared to $26.3 million reported for the first quarter of 2023. Licensing and related revenue for the first quarter of 2024 was $11.4 million, compared to $18.2 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1173489/000143774924015490/0001437749-24-015490-index.htm

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