CEVA, Inc. (NASDAQ:CEVA) is set to announce second quarter earning results on Monday 10th August 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, CEVA to report 2Q20 income of $ 0.04 per share from revenue of $ 20.78 million.
For the full year, analysts anticipate top line of $ 91.41 million, while looking forward to income of $ 0.47 per share bottom line.
Previous Quarter Performance
CEVA, Inc. came out with income for the first quarter of $ 0.11 per share, from the revenue of $ 23.61 million. The quarterly earnings swell 1,000.00 percent while revenues gained 39.13 percent compared with the same quarter last year.
Wall street analysts are predicting, CEVA to report 1Q20 income of $ 0.05 per share from revenue of $ 21.53 million. The bottom line results beat street analysts by $ 0.06 or 120.00 percent, at the same time, top line results outshined analysts by $ 2.08 million or 9.66 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of CEVA was $ 42.01, representing a 105.43 % increase from the 52 week low of $ 20.45 and a 0.83 % decrease over the 52 week high of $ 42.36.
The company has a market capital of $ 924.40 million and is part of the Technology sector and Semiconductors industry.
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Conference Call
CEVA, Inc. will be hosting a conference call at 8:30 AM eastern time on 10th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.ceva-dsp.com
CEVA, Inc. licenses signal processing platforms and artificial intelligence processors for semiconductor companies and original equipment manufacturers (OEMs) serving the mobile, consumer, automotive, industrial, and Internet-of-Things (IoT) markets worldwide. The company licenses a family of signal processing intellectual properties (IPs), including platforms for 5G baseband processing in handsets and base station RAN; integrated cellular IoT solutions; digital signal processor (DSP) platforms incorporating voice input algorithms and software for voice enabled devices; and DSP platforms for advanced imaging and computer vision in various camera-enabled devices, as well as a family of self-contained artificial intelligent (AI) processors that address a range of edge applications.
