CEVA Announces Fourth Quarter and Full Year 2024 Financial Results

CEVA, Inc. released its financial results for the quarter and year ended December 31, 2024, in a report dated February 13, 2025. The company disclosed that alongside Generally Accepted Accounting Principles (GAAP) figures, it also provided non-GAAP figures for gross margin, operating income, net income, and diluted earnings per share for the referenced periods.

The non-GAAP figures exclude various expenses, including equity-based compensation expenses, amortization of acquired intangibles, and costs associated with business acquisitions in both the fourth quarter and full year of 2024 and 2023.

CEVA’s earnings release included these figures and accompanying explanations, offering investors a deeper analysis of their core operating results and comparison of quarterly outcomes. The company believes the reconciliation of financial measures aids in providing a more comprehensive understanding of its operations alongside GAAP results.

Exhibit 99.1 attached to the report contains the earnings release of CEVA, Inc., dated February 13, 2025, while Exhibit 99.2 includes the script of the conference call that discussed the financial results for the fourth quarter and year ended December 31, 2024. These documents are not filed for specific purposes under the Securities Exchange Act of 1934 or the Securities Act of 1933.

As of the filing date, CEVA is registered under the NASDAQ Stock Market LLC, trading under the symbol CEVA. The company declared that the non-GAAP figures should be considered in addition to GAAP results for a comprehensive evaluation of operational trends.

For further details, the full filing can be accessed through the Securities and Exchange Commission’s (SEC) website or the company’s investor relations section. Investors are encouraged to review the complete report to gain a thorough understanding of CEVA’s financial performance and strategies moving forward.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read CEVA’s 8K filing here.

CEVA Company Profile

CEVA, Inc provides silicon and software IP solutions to semiconductor and original equipment manufacturer (OEM) companies worldwide. Its 5G mobile and infrastructure products include Ceva-XC vector digital signal processors (DSPs) for 5G handsets, 5G RAN, and general-purpose baseband processing; PentaG-RAN, an open ran platform for base station and radio; and PentaG2 – 5G NR modem platform for UE, as well as for non-handset 5G vertical markets, such as fixed wireless access, industry 4.0, robotics, and AR/VR devices.