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.
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