Fully programmable certified ST87M01 LTE Cat-NB2 NB-IoT industrial module leverages Ceva-Waves Dragonfly NB-IoT platform IP to deliver ultra-reliable Low Power Wide Area Network (LPWAN) connectivityROCKVILLE, Md., July 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, announced today that STMicroelectronics has licensed and deployed the Ceva-Waves Dragonfly NB-IoT ...

ROCKVILLE, Md., July 9, 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 second quarter 2024 on August 7, 2024 before the NASDAQ market opens.Following the release, Ceva management will conduct a conference call at 8:30 a.m. Eastern Time to discuss the operating performance for the quarter.The conference call will be available via the fo ...

- Ceva-NeuPro-Nano NPUs deliver optimal balance of ultra-low power and best performance in small area to efficiently execute TinyML workloads in consumer, industrial and general-purpose AIoT products- Ceva-NeuPro Studio complete AI SDK for the Ceva-NeuPro NPU family supports open AI frameworks including TensorFlow Lite for Microcontrollers and microTVM to simplify the rapid development of TinyML enabled applications - Optimized NPUs for embedded devices build on Ceva's market leadership in IoT connectivity ...

ROCKVILLE, Md., May 23, 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 the Ceva management team will participate in the following investor events and conferences:Oppenheimer 25th Annual Israeli ConferenceDate: May 26, 2024Location: David Intercontinental Hotel, Tel AvivTo request at meeting with Ceva, please contact your OPCO representative.Cow ...

CEVA, Inc. (NASDAQ:CEVA) Q1 2024 Earnings Conference Call May 9, 2024 8:30 AM ET Company Participants Richard Kingston - VP, Market Intelligence & Investor and Public Relations Amir Panush - Chief Executive Officer Yaniv Arieli - Chief Financial Officer Conference Call Participants Matt Ramsay - TD Cowen Kevin Cassidy - Rosenblatt Securities David O'Connor - BNP Paribas Operator Good day, and welcome to the CEVA, Inc. First Quarter 2024 Earnings Conference Call. [Operator Instructions] Please note this even ...

Revenue Performance - Total revenues for Q1 2024 were $22.1 million, a decrease of 16% compared to Q1 2023[128]. - Licensing and related revenues were $11.4 million, down 37% year-over-year, accounting for 52% of total revenues[132][133]. - Royalty revenues increased by 33% to $10.7 million, representing 48% of total revenues, with a 25% year-over-year increase in shipment volumes[134][137]. - The five largest customers contributed 45% of total revenues in Q1 2024, up from 43% in Q1 2023[129]. - Total revenues for Q1 2024 were $22.5 million, a decrease of 9% compared to $24.8 million in Q1 2023[138]. Market and Customer Insights - Eleven IP licensing deals were signed in Q1 2024, including strategic agreements for Bluetooth 6 and Wi-Fi 7 technologies[135]. - The addressable market for Bluetooth, Wi-Fi, UWB, and cellular IoT is projected to exceed 15 billion devices annually by 2027[116]. - The company anticipates expanding its customer base and revenues in Europe and the U.S., complementing its presence in APAC[124]. Financial Performance - The company expects overall revenue growth of 4% to 8% in 2024, primarily in the second half of the year[125]. - The infrastructure market remains soft due to low capital expenditures for 5G networks globally[135]. - The first quarter of 2024 included $1.0 million in revenue from a resolved royalty audit, indicating strong royalty performance[134]. Cost and Expenses - Cost of revenues decreased to $2.5 million in Q1 2024, accounting for 11% of total revenues, down from 13% in Q1 2023[139]. - Gross margin improved to 89% in Q1 2024, compared to 87% in Q1 2023, primarily due to lower cost of revenues[140]. - Research and development expenses were $18.0 million in Q1 2024, representing 82% of total revenues, up from 71% in Q1 2023[142]. - Operating expenses totaled $24.5 million in Q1 2024, a decrease from $25.4 million in Q1 2023, mainly due to lower contractor costs[141]. - Sales and marketing expenses were $2.8 million in Q1 2024, representing 13% of total revenues, compared to 10% in Q1 2023[144]. Cash Flow and Investments - Cash used in operating activities for Q1 2024 was $7.3 million, resulting from a net loss of $5.4 million and adjustments for non-cash items of $4.6 million[162]. - As of March 31, 2024, total cash, cash equivalents, bank deposits, and marketable securities amounted to $158.8 million, down from $166.5 million at the end of 2023[158]. - Net cash provided by investing activities for Q1 2024 was $5.1 million, down from $6.5 million in Q1 2023, with a cash outflow of $12.7 million and inflow of $18.9 million from marketable securities[165]. - Net cash provided by financing activities for Q1 2024 was $0.3 million, compared to $1.7 million in Q1 2023, with 56,872 shares repurchased at an average price of $22.48 per share[166]. - Cash received from the exercise of stock-based awards was $1.6 million in Q1 2024, slightly down from $1.7 million in Q1 2023[167]. Investment and Financing Outlook - The company plans to evaluate potential acquisitions and investments, which may require additional financing[168]. - The company expects to have sufficient capital to fund operations for at least the next 12 months, but cannot assure the accuracy of revenue and expense assumptions[167]. Other Financial Metrics - Financial income, net, was $1.26 million in Q1 2024, down from $1.45 million in Q1 2023, with a foreign exchange loss of $0.19 million[146][147]. - The number of research and development personnel decreased to 331 as of March 31, 2024, from 337 a year earlier[142]. - Unrealized losses on investments were approximately $3.5 million as of March 31, 2024, due to changes in the interest rate environment[172]. - Interest income and net gains from marketable securities increased to $1.45 million in Q1 2024 from $1.19 million in Q1 2023, attributed to higher bank deposits and yields[173]. - A foreign exchange loss of $193,000 was recorded in Q1 2024, compared to a gain of $263,000 in the same period of 2023[169]. - The company has 643,128 shares available for repurchase as of March 31, 2024[166].

Exhibit 99.1 Ceva, Inc. Announces First Quarter 2024 Financial Results ● Royalty revenue of $10.7 million, up 33% year-over-year, generated from 371 million shipped units, up 25% year-overyear ● 11 license agreements concluded in the quarter, across all key target markets, including strategic deals for nextgeneration Wi-Fi 7 and Bluetooth 6 IPs ROCKVILLE, MD., May 9, 2024 – Ceva, Inc. (NASDAQ: CEVA), the leading licensor of silicon and software IP that enables Smart Edge devices to connect, sense and infer ...

Ceva (CEVA) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of $0.03. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -266.67%. A quarter ago, it was expected that this chip designer would post earnings of $0.06 per share when it actually produced earnings of $0.10, delivering a surprise of 66.67%.Over the last four quarters, the company has surpassed c ...

ROCKVILLE, Md., April 17, 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 first quarter 2024 on May 9, 2024 before the NASDAQ market opens. Following the release, Ceva management will conduct a conference call at 8:30 a.m. Eastern Time to discuss the operating performance for the quarter. The conference call will be available via the fo ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission file number: 000-49842 CEVA, INC. (Exact name of registrant as specified in its charter) Delaware 77-0556376 (State or other jurisdict ...