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CEVA — Ceva News Story

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Ceva Inc Expected To Post Earnings Of 11 Cents A Share: Earnings Preview

* CEVA Inc  CEVA.OQ   CEVA.O  is expected to show a rise in
quarterly revenue when it reports  results on February 13 for
the period ending December 31 2024
    * The Rockville Maryland-based  company is expected to
report a
14.1% increase in revenue to $27.558 million from $24.16 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.The company's guidance on November 7 2024,
for the period ended December 31, was for revenue between $26.50
million and $28.50 million.
    * ​LSEG's mean analyst estimate for CEVA Inc is for earnings
of 11
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for CEVA Inc is
$35.00​, above​ its last closing price of $32.73. ​​​

The company's guidance on November 7 2024 for the period ended
December 31 was for gross profit margin of USD89%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.10        0.10       0.14      Beat    44
 Jun. 30 2024  0.03        0.02       0.17      Beat    628.7
 Mar. 31 2024  0.03        0.03       -0.05     Missed  -292.3
                                                        ​
 Dec. 31 2023  0.06        0.06       0.10      Beat    73
 ​​Sep.        0.03        0.04       0.02      Missed  -44.4
 30 2023                                                
 Jun. 30 2023  0.07        0.07       -0.02     Missed  -127​
 Mar. 31 2023  0.12        0.12       0.00      Missed  -100
 Dec. 31 2022  0.17        0.17       0.23      Beat    32.6
 This summary was machine generated February 11 at 14:02 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)

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