CEVA (NASDAQ:CEVA) reported its Q1 earnings results on Wednesday, May 10, 2023 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
CEVA missed estimated earnings by 100.0%, reporting an EPS of $0.0 versus an estimate of $0.12.
Revenue was down $5.66 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 5.8% drop in the share price the next day.
Here’s a look at CEVA’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.17 | 0.2 | 0.16 | 0.17 |
| EPS Actual | 0.23 | 0.2 | 0.18 | 0.18 |
| Revenue Estimate | 32.37M | 35.25M | 34.52M | 32.93M |
| Revenue Actual | 33.40M | 33.66M | 33.20M | 34.39M |
To track all earnings releases for CEVA visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
