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

Ceva

10/05/2023 14:31

* CEVA Inc  CEVA.OQ  reported quarterly breakeven results​​
per
share for the quarter ended in March. The mean expectation of
six analysts for the quarter was for earnings of 12 cents per
share.
    * Revenue fell 16.4% to $28.74 million from a year ago;
analysts
expected $31.57 million. 
    * CEVA Inc's reported EPS for the quarter was a loss of 21
cents​.
    * The mean earnings estimate of analysts had fallen by
about 9.5%
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 18.1% this quarter and
lost 2.6%
so far this year.
    * The company reported a quarterly loss of $4.87 million.
    * Wall Street's median 12-month price target for CEVA Inc is
$40.00 
    * 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 LSEG Refinitiv data May
10 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.12           0.00           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