Live Analysis:
CEVA, Inc. experienced a price drop of $1.92, representing a 7.09% decrease from the previous close. The current price stands at $25.22 with a trading volume of $162,437, 38.15% higher than the average.
Earnings Overview:
CEVA's latest quarterly earnings report, released on Monday, February 16th, showed a consensus estimate EPS of 0.19.
Cash Flow:
The company's cash flow indicates a net change in cash of $23.32 million, with operating cash flow at $8.72 million and free cash flow of $7.23 million.
Income Statement:
CEVA reported revenue of $31.29 million, gross profit of $27.56 million, and an operating income of -$398,000. Notably, the net income was -$1 million, with an EPS and EPS diluted both at -4.3 cents.
Ratios:
Key ratios reveal a quick ratio of 9.93, gross profit margin at 88.08%, and a price-to-sales ratio of 17.58. The company's price-earnings ratio is -125.23, reflecting a unique valuation perspective.
Balance Sheet:
CEVA's total assets amount to $388.26 million, with total liabilities at $51.80 million. The company holds $40.59 million in cash and cash equivalents, showcasing a strong financial position.
This real-time financial report provides insights into CEVA's performance across various financial aspects, offering a comprehensive view for investors and stakeholders.
CEVA, Inc. operates as a licensor of wireless connectivity and smart sensing technologies to semiconductor and original equipment manufacturer (OEM) companies worldwide. It designs and licenses various digital signal processors, AI processors, wireless platforms, and complementary software for sensor fusion, image enhancement, computer vision, voice input, and artificial intelligence (AI). The company licenses a family of wireless connectivity and smart sensing technologies, and integrated IP solutions, including DSP-based platforms for 5G baseband processing in mobile, IoT, and infrastructure; imaging and computer vision for any camera-enabled devices; audio/voice/speech and ultra-low power always-on/sensing applications for multiple IoT markets; sensor fusion software and inertial measurement unit solutions for hearables, wearables, AR/VR, PC, robotics, remote controls, and IoT; and wireless IoT for Bluetooth, Wi-Fi 4/5/6/6E, Ultra-wideband (UWB), and NB-IoT. Its technologies are licensed to companies, which design, manufacture, market, and sell application-specific integrated circuits and application-specific standard products to mobile, consumer, automotive, robotics, industrial, aerospace and defense, and IoT companies for incorporation into various end products. The company delivers its DSP cores, platforms, and AI processors in the form of a hardware description language definition; and offers development platforms, software development kits, and software debug tools that facilitate system design, debug, and software development. The company licenses its technology through a direct sales force. The company was formerly known as ParthusCeva, Inc. and changed its name to CEVA, Inc. in December 2003. CEVA, Inc. was incorporated in 1999 and is headquartered in Rockville, Maryland.