Ceva, inc. announces fourth quarter and full year 2023 financial results
- 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 Ratings Summary
CEVA Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission