CEVA Earnings Outperform Expectations by $0.14, Revenue Exceeds Estimates

CEVA (NASDAQ: ) has reported its second quarter earnings, showing an EPS of $0.17, which is significantly higher than the analyst estimate of $0.03. The company posted revenue of $28.44 million, exceeding the consensus estimate of $24.48 million.

The stock price of CEVA closed at $16.13, experiencing a decline of 17.75% over the past three months and a drop of 35.76% over the past year.

During the last 90 days, CEVA has seen one positive EPS revision and three negative revisions. Additionally, CEVA’s Financial Health score is currently deemed “weak performance.”

For ongoing updates regarding upcoming earnings reports, interested individuals can refer to various financial resources.