Ceva Inc Reports Results For The Quarter Ended December 31: Earnings Summary

Ceva

13/02/2025 14:31

* CEVA Inc  CEVA.OQ  reported quarterly adjusted earnings of
11
cents​​ per share for the quarter ended December 31, higher than
the same quarter last year, when the company reported EPS of 10
cents.  The mean expectation of five analysts for the quarter
was for earnings of 11 cents per share. Wall Street expected
results to range from 10 cents to 11 cents per share.
    * Revenue rose 20.9% to $29.22 million from a year ago;
analysts
expected $27.56 million. 
    * CEVA Inc's reported EPS for the quarter was a loss of 7
cents​.
    * The company reported a quarterly loss of $1.74 million.
    * CEVA Inc shares had risen by 0.5% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the
semiconductors peer
group is also "buy"

Wall Street's median 12-month price target for CEVA Inc is
$35.00 
This summary was machine generated from LSEG data February 13 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.11           0.11           Met
 Sep. 30 2024      0.10           0.14           Beat
 Jun. 30 2024      0.02           0.17           Beat
 Mar. 31 2024      0.03           -0.05          Missed