The Latest Breaking News from CEVA

UK telecoms firm is latest in string of targets for foreign buyers taking advantage of low valuations

UK haulage firm employs 20,000 people and customers include Asda, Sainsbury’s and Waitrose

The U.S. government is ramping up expenditure in the semiconductor sector to compete with China, which is expected to bolster the industry’s prospects. Moreover, given the growing chip market, we think it might be the right time to buy hidden chip stocks Texas Instruments (TXN), Cirrus Logic (CRUS), Photronics (PLAB),…

Concerns over aggressive interest rate hikes to fight the multi-decade high inflation and a looming recession have recently kept the stock market under pressure. However, growth stocks Taro Pharmaceutical (TARO), Superior Industries (SUP), Viavi Solutions (VIAV), CEVA (CEVA), and SMART Global Holdings (SGH) are well-positioned to rebound.

CEVA, Inc (NASDAQ:CEVA) reported first-quarter FY22 revenue growth of 35% year-on-year to $34.4 million, beating the consensus of $32.9 million. Segments: Licensing, non-recurring engineering (NRE), and related revenue increased 56% Y/Y to $22.4 million. Royalty revenue rose 9% Y/Y to $12 million. The quarter saw 14 license agreements, including 3 with first-time customers. Non-GAAP…

  CEVA (NASDAQ:CEVA) reported its Q1 earnings results on Tuesday, May 10, 2022 at 07:00 AM. Here's what investors need to know about the announcement. Earnings CEVA beat estimated earnings by 5.88%, reporting an EPS of $0.18 versus an estimate of $0.17.

  Companies Reporting Before The Bell • The Middleby (NASDAQ:MIDD) is expected to report quarterly earnings at $2.10 per share on revenue of $935.99 million.

As part of the overall tech sell-off, 5G stocks have been on a downtrend. However, with the 5G technology rolling out across the globe, the industry holds immense growth potential. So, it could be wise to bet on lesser-known companies in this space, MACOM Technology (MTSI) and CEVA (CEVA).

CEVA Inc (NASDAQ:CEVA) reported fourth-quarter FY21 revenue growth of 21% year-on-year to $34.1 million, beating the consensus of $32.6 million. Segments: Licensing, non-recurring engineering (NRE), and related revenue increased 77% Y/Y to $21.3 million. Royalty revenue declined 21% Y/Y to $12.7 million. The Q4 saw 20 license agreements, including 4 with first-time customers. Non-GAAP…