NASDAQ$CEVA

Ceva Inc. · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported a solid second quarter with revenue up 9% year-over-year and licensing, NRE and related revenue up 42% year-over-year.

CEVA, Inc. announced its financial results for the second quarter ended June 30, 2022. Total revenue was $33.2 million, a 9% increase compared to the same quarter last year. Licensing, NRE and related revenue increased by 42%, while royalty revenue decreased by 26%. The company concluded twenty-two IP license and NRE agreements during the quarter.

  • Total revenue of $33.2 million, up 9% year-over-year.
  • Licensing, NRE and related revenue of $22.1 million, up 42% year-over-year.
  • Base station & IoT royalties of $7 million, up 6% year-over-year.
  • GAAP operating loss for the second quarter of 2022 was $0.3 million.

Headline financials

Total Revenue

$33.2M

Previous: $30.5M+9.0%
EPS (adj)

$0.18

Previous: $0.22-18.2%
Capital Expenditures

-$2.1M

Previous: -$1.26M-66.9%
Free Cash Flow

-$3.23M

Previous: -$945K-241.4%
Net Income

-$1.12M

Previous: $315K-456.5%
Operating Income

-$276K

Previous: $1.59M-117.4%
Gross Profit

$26.4M

Previous: $26.8M-1.5%
Cash & Equivalents

$146M

Previous: $26.7M+446.7%
Total Assets

$319M

Previous: $311M+2.8%
Stock-Based Comp

$3.3M

Previous: $2.91M+13.7%

Revenue & EPS history

Ceva · Revenue · Quarterly

$33.2M

Q2 2022+9%vs Q2 2021
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

Revenue by segment

Ceva · $11.1M total across 1 segment · Q2 2022

  • Royalties
    $11.1M-25.5%

Forward guidance

The press release contains forward-looking statements that involve risks and uncertainties.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

-1.0%

Avg return

Earnings day

-1.2%

Avg return

5 days after

-2.6%

Avg return

30 days after

43%

28 / 65 earnings

Positive

+26.8%

Q2 2024

Best reaction

-20.8%

Q4 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.4%-1.3%+11.1%
Q4 2025-9.8%-14.2%-16.3%
Q3 2025-0.6%-6.1%-10.9%
Q1 2025-20.0%-18.8%-23.6%
Q4 2024+10.2%+12.8%-2.7%
Q3 2024+12.3%+11.2%+25.7%
Q2 2024+26.8%+25.1%+42.7%
Q1 2024-7.4%-5.1%-5.2%
Q4 2023+21.3%+14.2%+14.8%
Q3 2023-8.2%-2.1%+6.0%
Q2 2023-12.5%-17.4%-8.4%
Q1 2023-15.4%-13.3%-1.2%
Q4 2022-5.8%-4.7%-15.4%
Q3 2022-3.8%-4.4%-8.6%
Q2 2022-10.8%-8.9%-25.2%
Q1 2022-6.0%+1.0%+4.8%
Q4 2021+13.2%+8.4%+5.5%
Q3 2021-7.4%-2.8%-9.2%
Q2 2021-6.1%-10.8%-10.0%
Q1 2021-12.3%-18.1%-15.0%
Q4 2020+2.1%+0.6%-19.2%
Q3 2020-0.8%-4.2%-4.6%
Q2 2020+1.7%+1.8%-9.2%
Q1 2020-3.3%-5.7%+3.7%
Q4 2019+20.2%+11.4%-25.9%
Q3 2019-0.8%+0.4%-2.1%
Q2 2019+13.3%+19.4%+16.2%
Q1 2019-3.8%-4.3%-5.5%
Q4 2018-11.0%-6.9%-8.2%
Q3 2018+4.7%+0.6%-6.6%
Q2 2018-12.3%-9.1%-7.4%
Q1 2018-11.7%-7.7%-0.6%
Q4 2017-10.7%-9.7%-1.7%
Q3 2017-6.5%-3.3%-2.8%
Q2 2017-6.0%-5.4%-11.1%
Q1 2017+12.7%+20.6%+20.7%
Q4 2016-5.0%+0.6%-5.4%
Q3 2016+1.0%+2.0%-1.0%
Q2 2016+10.2%+7.5%+9.2%
Q1 2016+15.8%
Q4 2015-20.8%
Q3 2015+5.4%
Q2 2015+8.8%
Q1 2015-10.5%
Q4 2014+7.4%
Q3 2014-0.1%
Q2 2014-1.8%
Q1 2014+0.4%
Q4 2013+9.8%
Q3 2013+3.2%
Q2 2013+1.7%
Q1 2013+1.1%
Q4 2011-0.4%
Q4 2012-14.3%
Q3 2012+0.5%
Q2 2012-4.0%
Q1 2011-0.2%
Q1 2012-20.6%
Q4 2009+1.4%
Q3 2011-7.3%
Q3 2010-7.3%
Q2 2010+2.2%
Q2 2011+2.2%
Q4 2010+2.2%
Q1 2010+8.2%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro