Ceva Inc ( (CEVA) ) has released its Q2 earnings. Here is a breakdown of the information Ceva Inc presented to its investors.
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Ceva, Inc. is a leading licensor of silicon and software IP that enhances smart edge devices with reliable and efficient connectivity, sensing, and data inference capabilities. The company operates primarily in the technology sector, focusing on wireless connectivity and edge AI solutions.
In its second quarter of 2025 financial results, Ceva, Inc. reported a total revenue of $25.7 million, marking a 6% sequential increase. The company highlighted significant achievements, including four new licensing deals for its NeuPro NPUs and two strategic automotive IP agreements, which underscore its leadership in AI and automotive sectors.
Key financial metrics revealed a decrease in total revenue from $28.4 million in the same quarter of the previous year. Licensing and related revenue also saw a decline, while royalty revenue slightly decreased. Despite these challenges, Ceva achieved a milestone of over 20 billion Ceva-powered devices shipped, reflecting its robust industry presence. The company also repurchased 300,000 shares, demonstrating a commitment to shareholder value.
Ceva’s gross margin and operating income faced pressure, with GAAP gross margin falling to 86% from 90% and a GAAP operating loss of $4.5 million compared to a minimal loss in the previous year. However, the company remains optimistic about its AI business’s growth and its strategic positioning in the wireless connectivity IP market.
Looking forward, Ceva’s management is focused on scaling its AI business and maintaining its leadership in the smart edge era. The company anticipates sequential and year-over-year growth in the latter half of the year, driven by continued demand for its innovative technologies.
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