Welcome to our dedicated page for Ceva news (Ticker: CEVA), a resource for investors and traders seeking the latest updates and insights on Ceva stock.
Ceva Inc (NASDAQ: CEVA) delivers cutting-edge semiconductor IP solutions powering smart edge devices across IoT, automotive, and consumer markets. This dedicated news hub provides investors and industry professionals with timely updates on CEVA’s strategic initiatives, financial performance, and technological breakthroughs.
Access centralized updates including earnings announcements, partnership agreements, product launches, and executive insights. Our repository ensures you stay informed about developments in wireless connectivity IP, edge AI processors, and sensor fusion technologies that shape CEVA’s market leadership.
Discover press releases detailing licensing agreements with global semiconductor leaders, analysis of quarterly financial results, and coverage of R&D milestones in ultra-low-power designs. Bookmark this page for streamlined access to CEVA’s evolving role in enabling next-generation smart devices.
CEVA reported third-quarter 2022 total revenue of $33.7 million, a 3% increase year-over-year. Licensing and related revenue rose to $22.3 million, while royalty revenues reached $11.4 million. Increased royalty income from 5G RAN contributed to a significant 16% quarterly growth in IoT royalties. Despite these gains, the company faced a GAAP net loss of $22.3 million, primarily due to a $15.7 million write-off of deferred tax assets, and a GAAP operating loss of $4.0 million. Amir Panush will succeed Gideon Wertheizer as CEO.
CEVA, Inc. (NASDAQ: CEVA) will announce its third quarter 2022 results on November 9, 2022, before the NASDAQ market opens. A conference call will follow at 8:30 a.m. ET to discuss the quarterly performance. Interested parties can participate by dial-in or by accessing the live webcast. Replay options will be available after the call. CEVA specializes in wireless connectivity and smart sensing technologies, providing solutions for various sectors including mobile, automotive, and IoT.
CEVA has launched PentaG-RAN™, a unique 5G baseband platform IP for ASICs, aimed at enhancing cellular infrastructure including base stations and radios. This platform addresses the growing 5G Open RAN market, offering up to 10X power and area savings over existing solutions. CEVA's co-creation services will assist clients in developing PHY subsystems and complete chip designs. According to ABI Research, shipments of related 5G equipment are predicted to rise at a CAGR of 17% through 2027. PentaG-RAN becomes available for licensing in Q4 2022.
CEVA, a leading provider of wireless connectivity and smart sensing technologies, reported total revenue of $33.2 million for Q2 2022, marking a 9% increase year-over-year. Licensing and NRE revenue surged 42% to $22.1 million, while royalty revenue dropped 26% to $11.1 million. The company signed twenty-two new agreements during the quarter, reflecting strong demand, especially in the IoT sector. However, CEVA faced a GAAP net loss of $1.1 million and a diluted loss per share of $0.05. Cash and equivalents stood at approximately $146 million.
CEVA, Inc. (NASDAQ: CEVA) has scheduled to announce its second quarter 2022 earnings on August 10, 2022, before the NASDAQ market opens. Following the earnings release, CEVA management will hold a conference call at 8:30 a.m. ET to discuss the quarter's operating performance. U.S. participants can dial 1-844-435-0316, while international attendees should call +1-412-317-6365. A live webcast will also be available. For those unable to attend live, a replay will be accessible until August 17, 2022.
Flex Logix Technologies and CEVA have announced a significant advancement in reconfigurable computing with the successful silicon implementation of Flex Logix's EFLX eFPGA integrated with the CEVA-X2 DSP. This achievement, known as SOC2, was produced using TSMC's 16 nm technology, allowing for adaptable instruction sets aimed at meeting various processing workloads. The collaboration highlights the capabilities of the CEVA-X2 in versatile applications, including AI processing and 5G, with EFLX eFPGA enhancing performance and flexibility for future needs.
CEVA has enhanced its RivieraWaves UWB platform with the RW-UWB-CCC MAC software to support the Car Connectivity Consortium's Digital Key 3.0 standard, now in collaboration with a major automotive semiconductor company. This technology enables secure, location-aware access for vehicles, with predictions that 25% of vehicles will feature UWB by 2025. The solution promotes rapid development of automotive keyless entry systems, focusing on security and battery efficiency.
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