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

Ceva

09/08/2022 14:33

* CEVA Inc  CEVA.OQ  reported quarterly adjusted earnings of
18
cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for earnings of
17 cents per share.
    * Revenue rose 9% to $33.20 million from a year ago;
analysts
expected $34.52 million. 
    * CEVA Inc's reported EPS for the quarter was a loss of 5
cents​.
    * The mean earnings estimate of analysts had risen by
about 4.4%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * CEVA Inc shares had risen by 12.3% this quarter and
lost 12.8%
so far this year.
    * The company reported a quarterly loss of $1.12 million.
    * Wall Street's median 12-month price target for CEVA Inc is
$51.00 
    * 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 August 9
at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.17           0.18           Beat
 Mar. 31 2022      0.17           0.18           Beat
 Dec. 31 2021      0.19           0.22           Beat
 Sep. 30 2021      0.17           0.20           Beat