NASDAQ$CEVA
Ceva Inc. · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
CEVA's financial performance decreased due to a slowdown in semiconductor startup funding and macroeconomic conditions, but royalty revenue saw sequential recovery.
CEVA reported a decrease in revenue and increased net loss for Q2 2023 compared to Q2 2022. Total revenue was $26.2 million, a 21% decrease year-over-year. The company experienced a GAAP net loss of $5.8 million, compared to a net loss of $1.1 million in the same period last year.
- Total revenue decreased by 21% year-over-year to $26.2 million.
- Licensing, NRE, and related revenue decreased by 24% year-over-year to $16.8 million.
- Royalty revenue decreased by 15% year-over-year to $9.4 million but increased 17% sequentially.
- GAAP net loss was $5.8 million, compared to a net loss of $1.1 million in the same period last year.
Headline financials
Revenue & EPS history
Ceva · Revenue · Quarterly
$26.2M
Revenue by segment
Ceva · $9.4M total across 1 segment · Q2 2023
- Royalties$9.4M-15.3%100.0%
Forward guidance
CEVA has implemented cost-saving initiatives to reduce expense levels for the remainder of the year to navigate current macroeconomic conditions.
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 2023
-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
| Quarter | Report date | Reaction (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% | — | — |
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