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

Ceva

09/11/2022 14:33

* CEVA Inc  CEVA.OQ  reported quarterly adjusted earnings of
20
cents​​ per share for the quarter ended in September. The mean
expectation of six analysts for the quarter was for earnings of
20 cents per share.
    * Revenue rose 2.7% to $33.66 million from a year ago;
analysts
expected $35.26 million. 
    * CEVA Inc's reported EPS for the quarter was a loss of 96
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 11.7% this quarter and
lost 32.2%
so far this year.
    * The company reported a quarterly loss of $22.3 million.
    * Wall Street's median 12-month price target for CEVA Inc is
$49.00 
    * 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 November
9 at 02:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.20           0.20           Met
 Jun. 30 2022      0.17           0.18           Beat
 Mar. 31 2022      0.17           0.18           Beat
 Dec. 31 2021      0.19           0.22           Beat