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CEVA Inc. - CEVA STOCK NEWS

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) is a global leader in the licensing of signal processing IPs, focusing on creating power-efficient, intelligent, and connected devices for a smarter, connected world. Their partnerships with semiconductor companies and original equipment manufacturers (OEMs) globally enable the production of advanced devices catering to various end markets, including mobile, consumer, automotive, industrial, and IoT sectors.

CEVA’s comprehensive portfolio includes ultra-low-power IPs for vision, audio, communications, and connectivity. Their DSP-based platforms support LTE/LTE-A/5G baseband processing, computer vision, computational photography, and always-on sensing applications. Notably, their connectivity solutions encompass widely adopted IPs for Bluetooth (low energy and dual mode), Wi-Fi (802.11 a/b/g/n/ac up to 4x4), and serial storage (SATA and SAS).

Recent achievements highlight CEVA's robust market performance. In Q4 2023, they reported a total revenue of $24.2 million, with royalty revenue of $12.3 million, marking a 13% year-over-year increase. Strategic license agreements with leading semiconductor firms for Wi-Fi 6 and AI-enabling software underscore their market relevance. The full year saw a shipment of 1.6 billion CEVA-powered smart edge devices and record cellular IoT royalty revenues.

CEVA is committed to innovation, providing IP that enables devices to connect, sense, and infer data more reliably and efficiently. They continue to expand their portfolio with AI-related offerings and have made significant strides in wireless communications, sensing, and Edge AI technologies. CEVA's leading-edge IPs power over 17 billion smart edge products globally, from AI-infused smartwatches and IoT devices to autonomous vehicles and 5G mobile networks.

CEVA's financial health remains strong, with a focus on profitable growth and operational efficiency. Their continuous effort in developing new technologies and expanding market reach positions them as a trusted partner in the semiconductor industry.

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Ceva, a leading licensor of silicon and software IP for Smart Edge devices, will release its second quarter 2024 financial results on August 7, 2024, before the NASDAQ market opens.

Following the release, Ceva's management will host a conference call at 8:30 a.m. Eastern Time to discuss the quarter's performance.

U.S. participants can join the call by dialing 1-844-435-0316, while international participants can dial +1-412-317-6365, both using the access code 'Ceva'.

A live webcast will be available at https://app.webinar.net/8mGNyBxXMLR, with a replay accessible by dialing +1-877-344-7529 or +1-412-317-0088 (access code: 2162644) until August 14, 2024. The replay will also be available on Ceva's website.

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Ceva, a leader in silicon and software IP, has expanded its Ceva-NeuPro family of Edge AI NPUs with the introduction of Ceva-NeuPro-Nano NPUs. These NPUs are designed to execute TinyML workloads efficiently in consumer, industrial, and general-purpose AIoT products, offering low power consumption, optimal performance, and cost-efficiency. The Ceva-NeuPro-Nano NPUs come in two configurations, Ceva-NPN32 and Ceva-NPN64, providing tailored solutions for various AI applications. They boast enhanced capabilities like transformer computation and sparsity acceleration, significantly reducing memory footprints by up to 80% with Ceva-NetSqueeze technology. The launch includes Ceva-NeuPro Studio, an AI SDK supporting open frameworks like TensorFlow Lite for Microcontrollers. The Ceva-NeuPro-Nano NPUs are now available for licensing.

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Ceva (NASDAQ: CEVA), the leading licensor of silicon and software IP for Smart Edge devices, announced participation in upcoming investor events. These include:

Oppenheimer 25th Annual Israeli Conference on May 26, 2024, in Tel Aviv;

Cowen 52nd Annual TMT Conference on May 29, 2024, in New York, with a live webcast of Ceva's presentation;

Mizuho Technology Conference 2024 on June 12, 2024, in New York;

Rosenblatt 4th Annual Technology Summit: The Age of AI on June 13, 2024, virtually, featuring a presentation by VP of Marketing, Moshe Sheier, on Edge AI developments;

Northland Growth Conference 2024 on June 25, 2024, virtually.

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Ceva, Inc. reported strong financial results for Q1 2024 with royalty revenue of $10.7 million, up 33% YoY, and total revenue of $22.1 million. Licensing revenue was $11.4 million, with 11 license agreements concluded, including deals for next-generation Wi-Fi 7 and Bluetooth 6 IPs. The company introduced new products, expanded partnerships, and announced collaborations to drive growth. GAAP gross margin was 89%, operating loss was $5.0 million, and net loss was $5.4 million. Non-GAAP gross margin was 90%, operating loss was $0.8 million, and net loss was $1.3 million. Ceva remains well-positioned with approximately $159 million in cash and equivalents.

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Ceva, Inc. (NASDAQ: CEVA) will release its first quarter 2024 results on May 9, 2024, before the NASDAQ market opens. The company specializes in silicon and software IP for Smart Edge devices. A conference call will follow at 8:30 a.m. Eastern Time to discuss the quarter's performance. Participants can join via phone or webcast. A replay will be available for those unable to attend.
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Ceva, Inc. launches Ceva-Waves™ Links™ IP Family, a multi-protocol wireless platform IP offering Wi-Fi, Bluetooth, UWB, Thread, Zigbee, and Matter connectivity solutions. The first member, Ceva-Waves Links100, is an IoT-focused platform currently deployed by a leading OEM customer. The demand for versatile connectivity drives the need for consolidated protocols in a single chip, with ABI Research forecasting significant growth in combo chipset shipments by 2028.
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Ceva, Inc. joins Arm Total Design to accelerate the development of 5G custom SoCs, combining Arm Neoverse Compute Subsystems with Ceva PentaG-RAN for wireless infrastructure. The integrated offerings aim to lower cost and time-to-market for developing 5G SoCs.
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Ceva, Inc. announces the release of RivieraWaves® UWB IP for FiRa 2.0, expanding its market reach beyond automotive and mobile into high-volume UWB navigation, detection, and remote control applications in smart homes, smart factories, and more. The UWB technology offers outstanding performance in micro-location in wireless environments, with a forecasted 14% CAGR in UWB-enabled device shipments over the next five years, reaching nearly 1.3 billion units by 2028.
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Ceva, Inc. (NASDAQ: CEVA) reports Q4 revenue of $24.2 million, with GAAP loss per share of 34c, and non-GAAP diluted EPS of 10c. Royalty revenue increased by 13% year-over-year. Strategic license agreements signed with a U.S. based MCU leader for Wi-Fi 6 and a global automotive semiconductor leader for AI-enabling software. Full year saw record cellular IoT royalty revenues and shipments, strong demand for IP, and 53 license agreements signed.
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Ceva, Inc. announced that SKAIChips Co. Ltd. has licensed the RivieraWaves Bluetooth 5.4 IP for the development of an Electronic Shelf Label (ESL) IC, aiming to address the growing ESL market. The collaboration aims to leverage Ceva's Bluetooth 5.4 IP to expedite the time to market for a cost-efficient, feature-rich ESL IC with minimal power draw. The ESL market is forecasted to grow significantly, and the adoption of Bluetooth-enabled ESLs is expected to increase. Ceva's Bluetooth 5.4 IP is the first platform to achieve Bluetooth SIG qualification, including all features of the standard, making it well-positioned to address the ESL market opportunity.
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FAQ

What is the current stock price of CEVA (CEVA)?

The current stock price of CEVA (CEVA) is $29.57 as of December 2, 2024.

What is the market cap of CEVA (CEVA)?

The market cap of CEVA (CEVA) is approximately 696.9M.

What does CEVA Inc. specialize in?

CEVA Inc. specializes in licensing signal processing IPs for developing power-efficient, intelligent, and connected devices across various markets including mobile, consumer, automotive, industrial, and IoT.

Who are CEVA's primary partners?

CEVA partners with semiconductor companies and original equipment manufacturers (OEMs) worldwide to create advanced market-ready devices.

What technologies does CEVA offer?

CEVA offers ultra-low-power IPs for vision, audio, communications, and connectivity. Their portfolio includes DSP-based platforms for LTE/LTE-A/5G baseband processing, Bluetooth, Wi-Fi, and serial storage IPs.

How did CEVA perform financially in Q4 2023?

In Q4 2023, CEVA reported total revenue of $24.2 million and royalty revenue of $12.3 million, marking a 13% year-over-year increase.

What recent strategic agreements has CEVA signed?

CEVA signed strategic license agreements with a U.S.-based MCU leader for Wi-Fi 6 and a global automotive semiconductor leader for AI-enabling software.

How many CEVA-powered devices were shipped in 2023?

In 2023, over 1.6 billion CEVA-powered smart edge devices were shipped worldwide.

What is CEVA's approach towards innovation?

CEVA is committed to innovation, focusing on developing IP that enables devices to connect, sense, and infer data more efficiently. They are expanding their portfolio with new AI-related offerings.

How does CEVA support its global customer base?

CEVA supports its global customer base through its headquarters in Rockville, Maryland, and operations worldwide, ensuring robust service and expertise.

What is CEVA's long-term strategy?

CEVA aims to maintain its leadership in the semiconductor industry by focusing on profitable growth, operational efficiency, and expanding its market reach with innovative technologies.

Where can more information about CEVA be found?

More information about CEVA can be found on their official website, www.ceva-ip.com, and through their social media channels on LinkedIn, X, YouTube, Facebook, and Instagram.

CEVA Inc.

Nasdaq:CEVA

CEVA Rankings

CEVA Stock Data

696.85M
23.01M
2.61%
90.23%
3.44%
Semiconductors
Services-computer Programming, Data Processing, Etc.
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United States of America
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