What the sentiment indicator is Signaling: CEVA Inc (CEVA)

CEVA, Inc. (NASDAQ: CEVA) reported its fourth-quarter report on Tuesday, February 16; the company signed 21 new agreements generating record revenues.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '22.
Small-cap Uranium stocks are booming in 2022! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.


CEVA provides OEMs with chip architectures and then receives royalty payments. As a semiconductor manufacturer, the company occupies a unique niche in the market.

The quarterly royalty revenue for CEVA Inc (CEVA) rose 19% YoY to a record amount of $ 16.1 million. Earnings per share were down to $0.63 per share on total revenue and $ 28.1 million on net revenue. Revenues increased by 15% to $100.3 million, as royalty revenue rose by 72 % from cellular base stations and Internet of Things devices, and royalty revenue rose by 72 % from IoT devices. GAAP loss per share was $ 0.11, an amount of $ 2.4 million.

More than 750 million CEVA chips were shipped in 2020 for several base stations and Internet of Things networks that will surpass previous records. CEVA has a licensing agreement with a major smartphone maker to use CEVA chips in its premium mobile devices. This is about half the total number of delivered chips. CEVA has entered into 21 licensing deals, including one with a major smartphone maker.

CEVA Inc (CEVA) growth could be fueled by strong double-digit revenue growth in mobile and IoT chip sales. Additionally, the company’s coverage of solutions such as Wi-Fi, Bluetooth, 5G, and cars is growing.

Let’s explore a few of CEVA Inc’s (CEVA) past performance patterns. During the past week, this stock gained 17.56%, and in the past month, it rose 33.12%. The company’s shares rose by 85.09% during the last quarter. The stock has increased by 73.32% in the past six months and has appreciated 148.19% for the year. Year-to-date (YTD) performance at the time of writing has now reached over 62.88%.


The Chart for Block Inc. (SQ) Stock Is Flashing Mixed Signals

In the first quarter, large investment funds expanded their...

What to Expect When Snap Inc. (SNAP) Reports Quarterly Earnings?

Snapchat, a social media platform owned by Snap Inc....

Getting Sustainable Earnings? Movado Group Inc. (MOV)

Movado Group Inc. (NYSE: MOV), the owner of the...

Future Prospects Brighter For Red Cat Holdings Inc. (RCAT) Stock

The US Army has awarded Red Cat Holdings, Inc....



Don't miss

Healthy Upside Potential: Maxar Technologies Ltd. (MAXR)

In May 25 trading, shares of space business Maxar...

Atkore Inc. (ATKR) stock: Better Than You Think

Atkore Inc. (NYSE:ATKR), a manufacturer of infrastructure, electrical, and...

Provention Bio, Inc. (PRVB) Having a Robust Premarket After Abysmal Thursday

Provention Bio, Inc. (PRVB), a clinical stage biopharmaceutical company,...

Farmmi, Inc. (FAMI) Stock Soaring in Premarket, Here’s the Reason

Farmmi, Inc. (FAMI), a company that processes and sells...

Ulta Beauty Inc. (ULTA) last month performance of -6.16% certainly makes it a sizzling prospect

Ulta Beauty Inc. (NASDAQ: ULTA) open the trading on May 26, 2022, with great promise as it jumped 7.09% to $377.96. During the day,...

The key reasons why Alset EHome International Inc. (AEI) is -95.54% away from 52-week high?

Witnessing the stock’s movement on the chart, on May 26, 2022, Alset EHome International Inc. (NASDAQ: AEI) set off with pace as it heaved...

StoneCo Ltd. (STNE) latest performance of 2.97% is not what was on cards

StoneCo Ltd. (NASDAQ: STNE) established initial surge of 2.97% at $9.71, as the Stock market unbolted on May 26, 2022. During the day, the...


Please enter your comment!
Please enter your name here