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

Ceva

15/02/2023 14:31

* CEVA Inc  CEVA.OQ  reported quarterly adjusted earnings of
23
cents​​ per share for the quarter ended in December. The mean
expectation of six analysts for the quarter was for earnings of
17 cents per share.
    * Revenue fell 1.9% to $33.40 million from a year ago;
analysts
expected $32.37 million. 
    * CEVA Inc's reported EPS for the quarter was 8 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 risen by 35.5% this quarter.
    * The company reported quarterly net income of $1.94
million.
    * Wall Street's median 12-month price target for CEVA Inc is
$35.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
15 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.17           0.23           Beat
 Sep. 30 2022      0.20           0.20           Met
 Jun. 30 2022      0.17           0.18           Beat
 Mar. 31 2022      0.17           0.18           Beat