CEVA Stock Earnings Reports
CEVA Earnings Calls
Release date | May 07, 2025 |
EPS estimate | $0.0700 |
EPS actual | - |
Revenue estimate | 26.552M |
Revenue actual | - |
Expected change | +/- 10.90% |
Release date | Feb 13, 2025 |
EPS estimate | $0.110 |
EPS actual | $0.110 |
Revenue estimate | 26.355M |
Revenue actual | 29.223M |
Revenue Surprise | 10.88% |
Release date | Nov 07, 2024 |
EPS estimate | $0.0900 |
EPS actual | $0.140 |
EPS Surprise | 55.56% |
Revenue estimate | 27.46M |
Revenue actual | 27.207M |
Revenue Surprise | -0.92% |
Release date | Aug 07, 2024 |
EPS estimate | $0.0233 |
EPS actual | $0.170 |
EPS Surprise | 628.68% |
Revenue estimate | 24.48M |
Revenue actual | 28.437M |
Revenue Surprise | 16.16% |
Last 4 Quarters for CEVA
Below you can see how CEVA performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
Release date | Aug 07, 2024 |
Fiscal end date | Jun 30, 2024 |
Price on release | $19.44 |
EPS estimate | $0.0233 |
EPS actual | $0.170 |
EPS surprise | 628.68% |
Date | Price |
---|---|
Aug 01, 2024 | $18.34 |
Aug 02, 2024 | $17.39 |
Aug 05, 2024 | $16.40 |
Aug 06, 2024 | $16.13 |
Aug 07, 2024 | $19.44 |
Aug 08, 2024 | $20.46 |
Aug 09, 2024 | $20.44 |
Aug 12, 2024 | $20.18 |
Aug 13, 2024 | $21.72 |
4 days before | 6.00% |
4 days after | 11.73% |
On release day | 5.25% |
Change in period | 18.43% |
Release date | Nov 07, 2024 |
Fiscal end date | Sep 30, 2024 |
Price on release | $29.34 |
EPS estimate | $0.0900 |
EPS actual | $0.140 |
EPS surprise | 55.56% |
Date | Price |
---|---|
Nov 01, 2024 | $23.68 |
Nov 04, 2024 | $23.64 |
Nov 05, 2024 | $23.91 |
Nov 06, 2024 | $25.18 |
Nov 07, 2024 | $29.34 |
Nov 08, 2024 | $28.27 |
Nov 11, 2024 | $28.15 |
Nov 12, 2024 | $27.99 |
Nov 13, 2024 | $27.69 |
4 days before | 23.90% |
4 days after | -5.62% |
On release day | -3.65% |
Change in period | 16.93% |
Release date | Feb 13, 2025 |
Fiscal end date | Dec 31, 2024 |
Price on release | $34.96 |
EPS estimate | $0.110 |
EPS actual | $0.110 |
Date | Price |
---|---|
Feb 07, 2025 | $32.81 |
Feb 10, 2025 | $32.73 |
Feb 11, 2025 | $32.15 |
Feb 12, 2025 | $31.72 |
Feb 13, 2025 | $34.96 |
Feb 14, 2025 | $34.67 |
Feb 18, 2025 | $35.78 |
Feb 19, 2025 | $35.93 |
Feb 20, 2025 | $36.56 |
4 days before | 6.55% |
4 days after | 4.58% |
On release day | -0.83% |
Change in period | 11.43% |
Release date | May 07, 2025 |
Fiscal end date | Mar 30, 2025 |
Price on release | - |
EPS estimate | $0.0700 |
EPS actual | - |
Date | Price |
---|---|
Apr 10, 2025 | $22.85 |
Apr 11, 2025 | $23.11 |
Apr 14, 2025 | $23.27 |
Apr 15, 2025 | $23.37 |
Apr 16, 2025 | $22.65 |
CEVA Earnings Call Transcript Summary of Q4 2024
Full-Year Revenue
10% growth to $106.9 million.
Licensing Deals
43 agreements signed in 2024, up from previous years; 11 involved OEMs integrating CEVA IP into their products.
Record Shipments
623 million units shipped in Q4 and 2 billion units for the year, breaking 2023's milestones.
Strategic Highlights
- AI Super-Cycle: CEVA is experiencing strong demand driven by the shift towards AI inference processing at the edge.
- Licensing Agreements:
- Key deals with a leading MCU company for Wi-Fi and a U.S. OEM for 5G modem technology, positioned to drive significant future royalties.
- Product Innovation: Advanced AI products, including the launch of NeuPro-Nano, targeting edge AI applications.
Market Dynamics
- Growth in Connectivity: CEVA is strengthening its position in wireless technology, particularly in Wi-Fi and Bluetooth, with predicted continued growth into 2025.
- 5G and IoT Markets: Strong demand in consumer IoT (53% of annual royalties), mobile (32%), and industrial IoT (16%).
Future Outlook
- 2025 Guidance: Anticipated revenue growth of 7% to 11% with second-half acceleration; expected to benefit from ramping Wi-Fi 6 and other connectivity products.
- Operating Expenses: Projected to grow at lower rates compared to revenue, maintaining solid profitability metrics.
- First Quarter 2025 Projection: Revenue forecast of $25.5 million to $27.5 million; lower gross margins expected due to seasonal fluctuations.
Key Takeaways for Investors
- Strong Execution: CEVA's operational excellence has led to significant improvements in both revenue and profitability.
- Strategic Partnerships: Long-term engagements with top-tier customers enhance future revenue potential.
- Diversification Across Markets: A well-diversified client base across various industries supports stable growth.
- AI and Edge Focus: The transition towards edge AI is a pivotal growth driver with increasing demand for CEVA's technology solutions.
- Healthy Financial Position: With approximately $164 million in cash and marketable securities, CEVA maintains a strong balance sheet and capability for strategic investments.
Overall, CEVA's strong performance in 2024 and promising outlook for 2025 make it an intriguing investment opportunity amidst growing demand for AI and connectivity solutions in the smart edge marketplace.