secwatch.observer — SEC 8-K summary
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Issuer:     CEVA INC (CEVA)
CIK:        0001173489
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0001437749-24-025030
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ceva Q2 2024 revenue $28.4M (+24% YoY); licensing up 28%, royalty up 19%
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- GAAP net loss narrowed to $0.3M ($0.01 diluted loss per share) from $4.9M loss YoY.
- Non-GAAP net income $4.2M ($0.17 diluted EPS) vs non-GAAP loss of $0.5M YoY.
- Licensing revenue $17.3M (+28% YoY); royalty $11.2M (+19%) from 461M units shipped.
- Signed 11 IP licenses; strategic deals with 2 infrastructure OEMs and a US analog semiconductor company.
- Repurchased ~100k shares for ~$2M; cash and equivalents $158M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1173489/000143774924025030/0001437749-24-025030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1173489/000143774924025030/ceva20240805_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-025030

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