CEVA CEVA, Inc. featured news, full reports, and detailed charts
CEVA, Inc. (CEVA) Wrap Up:
Headquartered in San Jose, California, CEVA is a leading licensor of silicon intellectual property (SIP) primarily for the handsets and consumer electronics markets. For more than fifteen years, CEVA has been licensing a family of programmable Digital Signal Processor (DSP) cores with a range of cost, power-efficiency and performance points, DSP-based subsystems (the essential hardware components integrated with the DSP core to form a System-on-Chip (SoC) design), and a portfolio of application-specific platforms, including video, audio, VoIP, Bluetooth and SATA, to leading semiconductor and original equipment manufacturer (OEM) companies worldwide. In 2007, analyst firm Gartner Inc. reported CEVA’s share of the licensable DSP market at 53%. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f14%2f0001362310-08-001431.html#FIS_BUSINESS"CEVA Inc. (CEVA:NASDAQ)
Snapshot of CEVA Inc. (CEVA)
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OPEN
$11.05
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PREVIOUS CLOSE
$11.08
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DAY HIGH
$11.26
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DAY LOW
$10.95
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52 WEEK HIGH
11/6/09 - $12.05
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52 WEEK LOW
03/9/09 - $5.10
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MARKET CAP
223.1M
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AVERAGE VOLUME 3 mo
85.0K
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DILUTED EPS TTM
$0.32
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SHARES OUTSTANDING
19.9M
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CEVA Does Not Pay Dividends
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P/E TTM
35.1x
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CEVA Top Compensated Officers
Executives, Board Directors
Key developments for CEVA Inc. (CEVA)
CEVA Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company has posted total revenue of $9.7 million, a decrease of 5% compared to $10.2 million reported in the third quarter of 2008. U.S. GAAP net income was $1.8 million, an increase of 25% over $1.4 million reported for the same period in 2008. U.S. GAAP diluted net income per share for the third quarter of 2009 was $0.09 per share, an increase of 29% compared to $0.07 for the third quarter of 2008. Non-GAAP net income and diluted net income per share for the third quarter of 2009, excluding the aggregate equity-based compensation expense of $0.7 million, were both all time record highs of $2.4 million and $0.12 per share, an increase of 34% and 33%, respectively, over the $1.8 million and $0.09 per share reported for the third quarter of 2008. Non-GAAP net income and diluted net income per share for the third quarter of 2008 excluded aggregate equity-based compensation expense of $0.8 million and a capital gain of $0.4 million related to the divestment of the company's equity interest in GloNav Inc. Operating income $1.59 million compared to $0.78 million for the same period a year ago. EBIT was $2.14 million compared to $1.78 million for the same period a year ago. The company also generated positive cash flow of approximately $4.0 million. For the nine months, the company has posted net income of $5.4 million or $0.27 diluted per share on total revenue of $28.2 million compared to net income of $7.6 million or $0.37 diluted per share on total revenue of $30.3 million for the same period a year ago. Operating income was $3.47 million compared to operating loss of $2.30 million for the same period a year ago. EBIT was $6.8 million compared to $10.9 million for the same period a year ago.
CEVA Inc. provided earnings guidance for the fourth quarter and full year 2009. As for the actual guidance, revenue is anticipated to be in the range of $9.4 million to $10.4 million. U.S. GAAP EPS is expected to be in the range of $0.05 to $0.07 per share. Non-GAAP EPS, excluding the $700,000 of equity-based compensation expenses are forecasted to be in the range of $0.08 to $0.11 per share. For the full year guidance, total 2009 annual revenue guidance is expected to be in the range of $37.7 million to $38.7 million. Based on forecast for the fourth quarter, as well as a strong third quarter result, increasing EPS estimates from the current Street analyst forecast. U.S. GAAP EPS is expected to be in the range of $0.31 to $0.33 per share and non-GAAP EPS, excluding the equity-based compensation expenses and the $1.9 million of pre-tax gain in second quarter of 2009 associated with equity investment of [LOMAD] is expected to be in the range of $0.38 to $0.40 per share, a 19% to 25% increase compared to $0.32 reported for 2008.
To discuss the company's corporate strategy, the key growth drivers that influence its business and the company's unique value proposition
CEVA Competitors
| Company | Last | Change |
| Atmel Corp | $3.98 USD | -0.03 |
| Gennum Corp | C$4.15 CAD | +0.01 |
| MIPS Technologies Inc | $3.88 USD | -0.02 |
| Silicon Image Inc | $2.20 USD | 0.00 |
| Trimble Navigation Ltd | $23.40 USD | -0.10 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | CEVA | Industry Range |
| Price/Earnings | 35.1x |
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| Price/Sales | 5.8x |
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| Price/Book | 1.7x |
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| Price/Cash Flow | 34.9x |
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| TEV/Sales | 3.4x |
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CEVA |
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CEVA transactions
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| No transactions in the last 6 months. | ||
More Recent News About CEVA, Inc.
More news for CEVA
CEVA Announces Webinar on Designing Low Power SoCs for Multimedia and Cellular Baseband Applications
SAN JOSE, Calif., Oct. 7 /PRNewswire-FirstCall/ -- CEVA, Inc. (Nasdaq: CEVA - News); (LSE: CVA - News), a leading licensor of silicon intellectual property (SIP) platform solutions and DSP cores, announces the following TechOnline Webinar: What: Designing Low-power SoCs for Multimedia and Baseband When: October 14, 2009 @ 8 am Pacific / 11 am Eastern Where: http://seminar2.techonline.com/registration/distrib.cgi?s=1425&d=2889 How: Live over the Internet -- Simply log on to the web at the address above. Contact: Richard Kingston, 408 807 9620 different techniques and processor architectures.Topics to be covered:Who should attend:The session should be attended by SoC architects, designers and system engineers who plan to implement SoCs with strict power constrains such as chips targeting battery powered devices.Speakers:...Click here to read the whole Article (external link)
CEVA, Inc. to Present at the TechAmerica AeA Classic Financial Conference, November 3
Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herein....Click here to read the whole Article (external link)
CEVA, Inc. Announces Third Quarter 2009 Financial Results
SAN JOSE, Calif., Oct. 28 /PRNewswire-FirstCall/ -- CEVA, Inc. (Nasdaq: CEVA - News); (LSE: CVA - News), a leading licensor of silicon intellectual property (SIP) platform solutions and DSP cores for the mobile handset, consumer electronics and portable device markets, today announced its financial results for the third quarter ended September 30, 2009. (Logo: http://www.newscom.com/cgi-bin/prnh/20051010/CEVALOGO)Total revenue for the third quarter of 2009 was $9.7 million, a decrease of 5% compared to $10.2 million reported in the third quarter of 2008. Third quarter 2009 licensing revenue was $5.2 million, a decrease of 12% when compared to $6.0 million reported in the third quarter of 2008. Royalty revenue for the third quarter of 2009 was $3.7 million, an increase of 12% compared to $3.3 million reported for the third quarter of 2008. Revenue from services for the third quarter of 2009 was $0.7 million, down 23% from $0.9 million reported for the third quarter of 2008....Click here to read the whole Article (external link)
REMINDER: CEVA, Inc. Third Quarter 2009 Earnings Release and Conference Call Set for October 28
SAN JOSE, Calif., Oct. 27 /PRNewswire-FirstCall/ -- CEVA, Inc. [(Nasdaq: CEVA - News); (LSE: CVA - News)], will announce results for the third quarter ended September 30, 2009 on October 28, 2009 before the NASDAQ market opens. (Logo: http://www.newscom.com/cgi-bin/prnh/20051010/CEVALOGO)Following the release, CEVA management will conduct a conference call at 8:30 a.m. Eastern Time / 12:30 p.m. London Time, to discuss the operating performance for the quarter.The conference call will be available via the following dial in numbers:The conference call will also be available live via the Internet at the following link: http://www.videonewswire.com/event.asp?id=62652. Please go to the website at least fifteen minutes prior to the call ...Click here to read the whole Article (external link)
Q3 2009 CEVA, Inc. Earnings Release - Time Not Supplied
Earnings Announcements for Wednesday, October 28CompanySymbolTimeConferenceCall8x8, Inc.EGHTAfter Market CloseACC LTDACC.BOTime Not SuppliedACCO BrandsABDBefore Market OpenListenAcerinoxACX.MCTime Not SuppliedActa Holding ASAACTA.OL03:30 am ETAcxiomACXMAfter Market CloseAdvance America, Cash Advance Centers Inc.AEAAfter Market CloseADVANCED ANALOG TECH INC3438.TWOAfter Market CloseAdvanced Analogic TechnologiesAATIAfter Market CloseAdvanced Energy IndustriesAEISBefore Market OpenAdvantest CorpATE02:00 am ETAEROSUN CORPORATION600501.SSTime Not SuppliedAffiliated Managers Group, Inc.AMGTime Not SuppliedListenAflac IncorporatedAFLAfter Market CloseListenAgnico-Eagle Mines LimitedAEMAfter Market CloseAkamai Technologies Inc.AKAMAfter Market CloseListenAKTIV KAPITAL ASA...Click here to read the whole Article (external link)
CEVA Inc. Q3 2009 Earnings Call Transcript
CEVA Inc. (CEVA) Q3 2009 Earnings Call October 28, 2009 8:30 am ET Executives Gideon Wertheizer – Chief Executive Officer Yaniv Arieli – Chief Financial Officer Analysts [Brian] – William Blair & Company Daniel Meron – RBC Capital Markets Matt Robison – Wedbush Morgan Securities Allan Mishan – Brigantine Advisors Steven Glass – STG Capital Management [Robert Morrison] – Private Investor Presentation Operator Good morning. At this time I would like to welcome everyone to the CEVA Q3 2009 earnings conference call. (Operator Instructions). I would now like to turn the conference over to Mr. Yaniv Arieli, Chief Financial Officer. Please go ahead, sir. Yaniv Arieli Good morning everyone and welcome to CEVA's third quarter 2009 earnings conference call. Today's conference call contains forward-looking statements that involve risks and uncertainties as well as assumptions that if they materialize or prove incorrect could cause the results of CEVA to differ materially from those expressed or implied by such forward-looking statements and assumptions. Forward-looking statements include financial guidance for the fourth quarter and fiscal 2009, general outlook of the market and economy and our licensing pipeline, market statistics gathered from analysts, projected increase in our market share, design wins with our customers, new product introduction by our customers, their production schedules and our ability to generate revenues from new products, our ability to capitalize on trends for greater usage of ultra low cost phones, data cards, e-readers, netbooks, MIDs and machine-to-machine products. ...Click here to read the whole Article (external link)
CEVA INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits
Show all filings for CEVA INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for CEVA INC 28-Oct-2009Results of Operations and Financial Condition, Financial Statements and Exhibits Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for i...Click here to read the whole Article (external link)
CEVA INC Files SEC form 10-Q, Quarterly Report
Item 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS You should read the following discussion together with the unaudited financial statements and related notes appearing elsewhere in this quarterly report. This discussion contains forward-looking statements that involve risks and uncertainties. Any or all of our forward-looking statements in this quarterly report may turn out to be wrong. These forward-looking statements can be affected by inaccurate assumptions we might make or by known or unknown risks and uncertainties. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Factors which could cause actual results to differ materially include those set forth under in Part II - Item 1A - "Risk Factors," as well as those discussed elsewhere in this quarterly report. See "Forward-Looking Statements." BUSINESS OVERVIEW The financial information presented in this quarterly report includes the results of CEVA, Inc. and its subsidiaries. CEVA is the leading licensor of DSP cores and platforms to the semiconductor industry. Our technologies are widely licensed and power some of the world's leading semiconductor and original equipment manufacturer (OEM) companies. In 2008, our licensees shipped over 307 million CEVA-powered chipsets, an increase of 36% over 2007 shipments of 227 million chipsets. We believe there is an industry shift from developing DSP technologies in-house to licensing them from third party IP providers due to the shortening of the design cycle and increased cost associated with ownership and maintenance of such architectures. Furthermore, given the technological complexity of DSP-based applications, there are increased requirements to supplement the basic DSP core IP with additional technologies in the form of integrated application-specific hardware peripherals and software components. During t...Click here to read the whole Article (external link)
CEVA INC Financials
PERIOD ENDING30-Sep-0930-Jun-0931-Mar-0931-Dec-08Total Revenue9,659 9,110 9,513 10,009 Cost of Revenue849 1,152 1,210 1,125 Gross Profit8,810 7,958 8,303 8,884 Operating ExpensesResearch Development4,061 3,996 4,075 5,039 Selling General and Administrative3,153 3,208 3,108 3,333 Non Recurring - - - 584 Others - - - - Total Operating Expenses - - - - Operating Income or Loss1,596 754 1,120 (72)Income from Continuing OperationsTotal Other Income/Expenses Net(950)2,375 476 1,514 Earnings Before Interest And Taxes2,147 3,129 1,596 1,442 Interest Expense - - - - Income Before Tax2,147 3,129 1,596 1,442 Income Tax Expense394 814 228 482 Minority Interest - - - - Net Income From Continuing Ops1,753 2,315 1,368 960 Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - - - - Effect Of Accoun...Click here to read the whole Article (external link)
