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

Ceva

11/05/2022 16:17

* CEVA Inc  CEVA.OQ  reported quarterly adjusted earnings of
18
cents​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for earnings of
17 cents per share.
    * Revenue rose 35.4% to $34.39 million from a year ago; 
analysts
expected $32.93 million. 
    * CEVA Inc's reported EPS for the quarter was a loss of 7
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 earnings estimate
revisions by analysts covering the company. 
    * CEVA Inc shares had fallen by 14.1% this quarter and
lost 19.3%
so far this year.
    * The company reported a quarterly loss of $1.7 million.
    * Wall Street's median 12-month price target for CEVA Inc is
$57.00 
    * 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 May 11 at 03:17 p.m.  ​All
figures in US dollars unless otherwise stated