CEVA

CEVA, Inc. engages in the licensing of signal processing platforms and artificial intelligence processors to chip manufacturers. The firm offers Digital Signal Processors, AI processors, wireless platforms and complementary software for sensor fusion, image enhancement, computer vision, voice input and artificial intelligence. Its connectivity portfolio includes LTE and 5G mobile broadband platforms for handsets and base station RAN, NB-IoT for low bit rate cellular and Bluetooth and Wi-Fi technologies for wireless IoT. The company was founded on November 22, 1999 and is headquartered in Rockville, MD.

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CEVA reports record revenue in 2022, anticipates challenges in 2023

CEVA's strong performance in Q4 2022 driven by solid licensing business momentum and resilience in royalties.
Outlook for 2023 anticipates challenges in the first half but expects a pickup in the second half of the year.
Focus on efficient investments, potential ASP uplift in IoT, and growth opportunities across regions.
Royalty revenue impacted by market dynamics, while licensing business remains a key strength for CEVA.

CEVA reports strong Q1 earnings, eyes growth in 5G and Wi-Fi markets

CEVA's Q1 performance showcased revenue growth driven by licensing and royalties, with a focus on 5G and Wi-Fi technologies.
The company's strengths lie in its strategic acquisitions, stable licensing business, and opportunities in emerging markets like China and Europe.
While facing challenges from market dynamics, CEVA is poised to capitalize on opportunities in Wi-Fi 6, 5G, and spatial audio technologies for future growth.

CEVA reports mixed Q2 earnings, eyes growth in AI and wireless

CEVA's Q2 2023 performance was mixed, with licensing revenue below expectations but strong growth in royalties.
The company is strategically positioned with a focus on innovation, strategic partnerships, and cost management.
While facing challenges from semiconductor funding slowdown, CEVA anticipates growth opportunities in key sectors.
Overall, CEVA remains optimistic about future growth prospects and is actively engaging with investors to showcase its advancements.

CEVA reports strong Q3 results, focuses on wireless tech growth

CEVA's Q3 performance reflects positive momentum with solid results and strategic focus on core strengths like wireless communications and AI.
The company's divestment of Intrinsix is set to enhance margins and drive growth, with a strong outlook for future revenue and technology opportunities.
CEVA's emphasis on efficiency, market expansion, and innovation positions it well to capitalize on the growing demand for 5G and IoT technologies.

CEVA reports strong Q4 earnings, eyes growth in key markets

CEVA's Q4 2023 performance was solid, driven by strategic licensing deals and revenue growth in mobile and IoT markets, with margins expanding notably.
The company's strengths lie in its focus on key growth markets, transformational journey, and strategic acquisitions, while facing challenges in market recovery and sustained growth.
Opportunities for CEVA include revenue growth in 2024 through key use cases, technology delivery to Smart Edge markets, and expansion in licensing and royalties beyond handsets.

CEVA reports solid Q1 performance with focus on next-gen IPs

CEVA's Q1 2024 performance showcased strong royalty trends and significant multimillion-dollar deals, despite lower licensing revenue. The company's investments in expanding product offerings and partnerships position it well for future growth. Challenges include a GAAP net loss and the need to improve deal closure efficiency.

CEVA reports strong Q2 earnings, eyes growth in 5G market

CEVA's Q2 2024 performance reflects robust revenue growth, operational efficiency, and strategic product launches.
The company's strengths lie in managing expenses, fostering innovation, and building strong industry partnerships.
While facing challenges in a competitive landscape, CEVA is poised to capitalize on revenue opportunities and industry trends.
Overall, CEVA's optimistic outlook, focus on profitability, and market positioning signal a promising trajectory for the company.

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Mutual customers benefit from integrated offerings combining Arm Neoverse Compute Subsystems with Ceva PentaG-RAN, lowering cost and time-to-market for developing 5G SoCs BARCELONA, Spain , Feb. 28, 2024 /PRNewswire/ -- MWC Barcelona 2024 - Ceva, Inc. (NASDAQ: CEVA), the leading licensor of silicon and software IP that enables Smart Edge devices to connect, sense and infer data more reliably and efficiently, announced today that it has joined Arm Total Design, with the aim of accelerating the development of end-to-end 5G custom SoCs based on Arm® Neoverse™ Compute Subsystems (CSS) and the Ceva PentaG-RAN 5G platform, for wireless infrastructure including 5G base stations, Open RAN equipment and 5G non-terrestrial-networks (NTN) satellites. Neoverse CSS are optimized, integrated and verified platforms which enable custom silicon designs at lower cost and a faster time-to-market.

Ceva Joins Arm Total Design to Accelerate Development of End-to-End 5G SoCs for Infrastructure and NTN Satellites

RivieraWaves® UWB IP for FiRa 2.0, with cutting-edge interference cancelation,  extends Ceva's market reach beyond automotive and mobile into high-volume UWB navigation, detection and remote control use cases in the smart home, smart factory and beyond BARCELONA, Spain , Feb. 26, 2024 /PRNewswire/ -- MWC Barcelona 2024 -- Ceva, Inc. (NASDAQ: CEVA), the leading licensor of silicon and software IP that enables Smart Edge devices to connect, sense and infer data more reliably and efficiently, announced today the general release of its RivieraWaves® ultra-wideband (UWB) IP for FiRa 2.0, the latest technical specification released by the FiRa industry consortium promoting standardization and compliance efforts for the widespread adoption of UWB-driven applications. Leveraging its unique low-power MAC-to-PHY solution, Ceva's latest generation UWB IP includes a cutting-edge interference cancelation scheme to offer outstanding performance for micro-location in high-density wireless environments such as the smart home and smart factory where other wireless standards such as Bluetooth, Wi-Fi and ZigBee are pervasive.

Ceva Introduces its Next Generation Low Power Ultra-Wideband IP for FiRa 2.0 to Provide Highly Accurate and Reliable Wireless Ranging Capabilities for Consumer and Industrial IoT Applications

CEVA, Inc. (CEVA) Q4 2023 Earnings Call Transcript

Ceva (CEVA) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.23 per share a year ago.

Ceva (CEVA) Q4 Earnings Top Estimates

- Q4 – Total revenue of $24.2 million, in line with expectations, with GAAP loss per share of 34c and non-GAAP diluted EPS of 10c, exceeding expectations  - Q4 – Royalty revenue of $12.3 million, up 13% year-over-year, and the third consecutive quarter of royalty revenue growth - Q4 – Strategic license agreements signed with a U.S. based MCU leader for Wi-Fi 6 and with a global automotive semiconductor leader for AI-enabling software - Full year – 1.6 billion Ceva-powered smart edge devices shipped, equivalent to 50 devices sold every second, worldwide - Full year – record cellular IoT royalty revenues and shipments, up 47% and 64% year-over-year, respectively, surpassing 100 million units annually - Full year – Strong demand for diverse portfolio of IP for connect, sense and infer use cases, with 53 license agreements signed, including 16 first time customers, 10 OEMs and continued expansion of Wi-Fi 6 customer base for industrial and consumer markets ROCKVILLE, Md. , Feb. 14, 2024 /PRNewswire/ -- Ceva, Inc. (NASDAQ: CEVA), the leading licensor of silicon and software IP that enables Smart Edge devices to connect, sense and infer data more reliably and efficiently, today announced its financial results for the fourth quarter ended December 31, 2023.

Ceva, Inc. Announces Fourth Quarter and Full Year 2023 Financial Results

IC combines RivieraWaves Bluetooth 5.4 IP with SKAIChips inhouse RF/Power/Analog/AI expertise to achieve lowest power draw, critical for ESL tags and related industrial applications ROCKVILLE, Md. , Feb. 6, 2024 /PRNewswire/ -- Ceva, Inc. (NASDAQ: CEVA), the leading licensor of silicon and software IP that enables Smart Edge devices to connect, sense and infer data more reliably and efficiently, announced today that SKAIChips Co. Ltd.

SKAIChips License Ceva Bluetooth IP for Electronic Shelf Label IC

ROCKVILLE, Md. , Jan. 22, 2024 /PRNewswire/ -- Ceva, Inc. (NASDAQ: CEVA), the leading licensor of silicon and software IP that enables Smart Edge devices to connect, sense and infer data more reliably and efficiently, will announce results for the fourth quarter and full year 2023 on February 14, 2024 before the NASDAQ market opens.

Ceva, Inc. Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

LAS VEGAS , Jan. 10, 2024 /PRNewswire/ -- Ceva, Inc. (NASDAQ: CEVA), the leading licensor of silicon and software IP that enables Smart Edge devices to connect, sense and infer data more reliably and efficiently, and Sunplus Technology Co., Ltd. (TWSE: 2401), a leading chip provider for multimedia and automotive applications, today announced the companies have expanded their collaboration to integrate Ceva's latest generation RivieraWaves Bluetooth audio solution into the Sunplus airlyra family of HD audio processors targeting wireless speakers, soundbars and other premium wireless audio devices.

Sunplus and Ceva Expand Collaboration to Bring Bluetooth Audio to the airlyra SoC Family for Wireless Speakers, Soundbars and other Wireless Audio Devices

Companies' long-term collaboration for wireless, audio and voice technologies sees world's leading OEMs adopt Actions Technology' s high-quality, low-latency wireless audio SoCs for consumer devices, including speakers, soundbars, earbuds and smartwatches LAS VEGAS , Jan. 10, 2024 /PRNewswire/ -- CES 2024 -- Ceva, Inc. (NASDAQ: CEVA), the leading licensor of silicon and software IP that enables Smart Edge devices to connect, sense and infer data more reliably and efficiently, and Actions Technology Co, Ltd. ("Actions Space Technology"), the leading fabless semiconductor company of AIoT (Artificial Intelligence of Things) SoC, are celebrating a monumental achievement today, with Actions surpassing sales of more than 100 million wireless audio and AIoT chips powered by Ceva's audio, voice, AI sensing and wireless communications IPs.

Ceva and Actions Technology Commemorate Landmark Achievement, Surpassing 100 Million Ceva-Powered Wireless Audio and AIoT Processors Shipped

CEVA RealSpace® Tuned by THX™ to deliver expertly tuned spatial audio software for TWS earbuds, wireless headphones, smartphones, speakers and soundbars LAS VEGAS , Jan. 9, 2024 /PRNewswire/ -- CES 2024 - Ceva, Inc. (NASDAQ: CEVA), the leading licensor of silicon and software IP that enables Smart Edge devices to connect, sense and infer data more reliably and efficiently, and THX Ltd., a world-class high-fidelity audio and video tuning, certification, and technology company, today announce RealSpace® Tuned by THX™, a premium software offering for original equipment manufacturers (OEMs) to add support for immersive spatial audio customized to any consumer or prosumer audio device including TWS earbuds, wireless headphones, smartphones, speakers and soundbars.

Ceva and THX Ltd. Partner to Bring Premium Spatial Audio to Hearables, Consumer and Mobile Products

Visionary.ai neural network software ISP for enhanced camera applications and ENOT.ai neural network optimization tools and AI assistance now available for Ceva's NeuPro-M NPU LAS VEGAS , Jan. 8, 2024 /PRNewswire/ -- Ceva, Inc. (NASDAQ: CEVA), the leading licensor of silicon and software IP that enables Smart Edge devices to connect, sense and infer data more reliably and efficiently, today announced that it has expanded the AI ecosystem for its class-leading NeuPro-M NPU IP with the addition of two new partnerships targeting automotive and vision-based Edge AI applications. Ran Snir, Vice President and General Manager of the Vision Business Unit at Ceva, remarked: "I would like to extend a warm welcome to Visionary.ai and ENOT.ai, who join the ecosystem of partners that support our Smart Edge customer base.

Ceva Expands AI Ecosystem for its Class-Leading NPU IP with New Partnerships for Automotive and Edge AI

Companies collaborate to develop compelling and innovative wireless audio solutions for earbuds, neckbands, headphones, speakers and wearables leveraging Ceva's broad portfolio of audio, voice, connectivity and motion sensing technologies. LAS VEGAS , Jan. 8, 2024 /PRNewswire/ -- Ceva, Inc. (NASDAQ: CEVA), the leading licensor of silicon and software IP that enables Smart Edge devices to connect, sense and infer data more reliably and efficiently, and India's No.1 audio and wearables brand, boAt (Imagine Marketing Limited) today announced they have formed a strategic partnership to deliver technology innovation across boAt's next generation of lifestyle-focused consumer products, including TWS earbuds, neckbands, headphones, speakers and smartwatches.

Ceva and India's No. 1 Audio and Wearable Brand, boAt, Announce Strategic Partnership to Enhance the Wireless Audio Experience

CEVA launches the RivieraWaves Wi-Fi 7 IP platform, which focuses on leveraging the latest IEEE 802.11be standard.

CEVA Introduces Next-Gen RivieraWaves Wi-Fi 7 IP Platform

RivieraWavesTM Wi-Fi 7 IP platform for next generation of Wi-Fi Access Point and Station/Client products, offers full-featured, cost- and power-optimized solutions for integrating high-performance Wi-Fi 7 connectivity into SoCs ROCKVILLE, Md. , Jan. 3, 2024 /PRNewswire/ -- Ceva, Inc. (NASDAQ: Ceva), the leading licensor of silicon and software IP that enables Smart Edge devices to connect, sense and infer data more reliably and efficiently, today announced the general release of its next generation RivieraWaves Wi-Fi 7 IP platform, further expanding its widely-licensed portfolio of connectivity IP, targeting high-end consumer and industrial applications including gateways, TVs, set-top-boxes, streaming media devices, AR/VR headsets, personal computing and smartphones.

Ceva Extends its Connect IP Portfolio with Wi-Fi 7 Platform for High-End Consumer and Industrial IoT

-  CEVA-XC22 DSP named Best IP/Processor of the Year-  Highly scalable architecture designed for 5G-Advanced mobile broadband, smartphones and cellular RAN equipment ROCKVILLE, Md. , Dec. 7, 2023 /PRNewswire/ -- Ceva, Inc. (NASDAQ: CEVA), today announced that it has won the Best IP/ Processor of the Year award at the prestigious EE Awards Asia event, recently hosted in Taipei.

Ceva Wins Product of the Year Award at Prestigious EE Awards Asia Event

Company sharpens its strategy of delivering silicon and software IP that makes it possible for low power Edge AI devices to connect, sense and infer data, reliably and efficiently, across multiple high-growth end markets ROCKVILLE, Md. , Dec. 6, 2023 /PRNewswire/ -- Ceva, Inc. (NASDAQ: CEVA), today introduced a fresh new brand visual identity, logo design and web domain "ceva-ip.com," reflecting the company's commitment to being the partner of choice for transformative IP solutions that power the smart edge.

Ceva Launches New Brand Identity Reflecting its Focus on Smart Edge IP Innovation

ROCKVILLE, Md. , Nov. 14, 2023 /PRNewswire/ -- CEVA, Inc. (NASDAQ: CEVA), the leading licensor of wireless connectivity and smart sensing technologies which have powered more than 16 billion devices, today announced that the CEVA management team will participate in the following investor events and conferences: Wells Fargo 7th Annual TMT Summit Date: November 29, 2023 Location: Rancho Palos Verdes, CA To request at meeting with CEVA, please contact your Wells Fargo representative.

CEVA, Inc. to Participate at Upcoming Investor Events

CEVA, Inc. (NASDAQ:CEVA ) Q3 2023 Earnings Conference Call November 8, 2023 8:30 AM ET Company Participants Richard Kingston - VP, Market Intelligence & IR Amir Panush - CEO Yaniv Arieli - CFO Conference Call Participants Kevin Cassidy - Rosenblatt Securities Chris Reimer - Barclays David O'Connor - BNP Paribas Suji Desilva - ROTH Capital Operator Good day and welcome to the CEVA, Inc. Third Quarter 2023 Earnings Conference Call. All participants will be in listen-only mode.

CEVA, Inc. (CEVA) Q3 2023 Earnings Call Transcript

Ceva (CEVA) came out with quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.20 per share a year ago.

Ceva (CEVA) Q3 Earnings and Revenues Miss Estimates

-       Shipped 500 million CEVA-powered devices in the quarter, up 35% sequentially and up 40% year-over-year  -       GAAP and Non-GAAP gross margins reach 90% and 92%, respectively in the quarter, reflecting Company's decision to return to pure IP licensing and royalty business model -       Announces expansion of existing share repurchase program with an additional 700,000 shares -       Strengthened the Company's focus on IP for high-growth smart edge technologies addressing wireless communications, sensing and AI with divestiture of the Intrinsix US Aerospace & Defense (A&D) design services business -       Company to host investor day in person in New York and live via webcast on December 6 ROCKVILLE, Md. , Nov. 8, 2023 /PRNewswire/ -- CEVA, Inc. (NASDAQ: CEVA), the leading licensor of wireless connectivity and smart sensing technologies which have powered more than 16 billion devices, today announced its financial results for the third quarter ended September 30, 2023.

CEVA, Inc. Announces Third Quarter 2023 Financial Results

ROCKVILLE, Md. , Nov. 8, 2023 /PRNewswire/ -- CEVA, Inc. (NASDAQ: CEVA), the leading licensor of wireless connectivity and smart sensing technologies which have powered more than 16 billion devices to date, today announced that its Board of Directors authorized the expansion of the company's share repurchase program with an additional 700,000 shares of common stock available for repurchase.

CEVA, Inc. Announces Expansion of Existing Share Repurchase Program

IFS Accelerator IP Alliance ensures support for mutual customers leveraging CEVA's industry leading wireless communications and sensing AI IP and IFS' advanced manufacturing capabilities to deliver leading-edge silicon performance for the most demanding applications ROCKVILLE, Md. , Oct. 17, 2023 /PRNewswire/ -- CEVA, Inc. (NASDAQ: CEVA), the leading licensor of wireless connectivity and smart sensing technologies which have powered more than 16 billion devices, today announced that it has joined the Intel Foundry Services (IFS) Accelerator IP Alliance program to ensure the best experience for customers developing leading-edge silicon powered by CEVA's wireless communications and sensing AI IPs targeted at IFS' advanced foundry processes.

CEVA Joins Intel Foundry Services Accelerator IP Alliance Program to Empower Cutting-Edge SoCs

ROCKVILLE, Md. , Oct. 11, 2023 /PRNewswire/ -- CEVA, Inc. (NASDAQ: CEVA), the leading licensor of wireless connectivity and smart sensing technologies which have powered more than 16 billion devices to date, will announce results for the third quarter 2023 on November 8, 2023 before the NASDAQ market opens.

CEVA, Inc. Schedules Third Quarter 2023 Earnings Release and Conference Call

ROCKVILLE, Md. , Oct. 11, 2023 /PRNewswire/ -- CEVA, Inc. (NASDAQ: CEVA), the leading licensor of wireless connectivity and smart sensing technologies which have powered more than 16 billion devices to date, today announced it will host an Investor Day at the Nasdaq MarketSite in New York City on Wednesday, December 6, 2023, This event will highlight CEVA's growth strategy from CEVA CEO Amir Panush, followed by market and technology overviews and a longer-term financial outlook.

CEVA, Inc. to Host Investor Day on December 6, 2023

Ivry-sur-Seine, France – October 4, 2023 Fnac Darty and CEVA Logistics sign agreement to create a joint venture dedicated to e-commerce logistics, SaaS Marketplace Fnac Darty and CEVA Logistics announced today that they have signed an agreement to establish a joint venture with the ambition of it becoming a major European player in the e-commerce logistics and SaaS Marketplace market. The joint venture, based on the expertise of Fnac Darty and CEVA Logistics, would be called Weavenn and would offer a unique, fully integrated service combining the best marketplace technology solutions and high-performance logistics for multi-channel distribution.

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