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

Ceva

15/02/2022 14:31

* CEVA Inc  CEVA.OQ  reported quarterly adjusted earnings of
22
cents​​ per share for the quarter ended in December. The mean
expectation of six analysts for the quarter was for earnings of
19 cents per share.
    * Revenue rose 21% to $34.06 million from a year ago; 
analysts
expected $32.63 million. 
    * CEVA Inc's reported EPS for the quarter was 17 cents​.
    * 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. 
    * CEVA Inc shares had fallen by 14.4% this quarter.
    * The company reported quarterly net income of $3.88
million.
    * Wall Street's median 12-month price target for CEVA Inc is
$58.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated February 15 at 02:31 p.m.
 ​All figures in US dollars unless otherwise stated