The latest update is out from Ceva ( (CEVA) ).
Ceva, Inc. reported impressive Q3 2024 results, with a 13% revenue increase to $27.2 million and significant growth in licensing and royalty revenues. Strategic deals in 5G-Advanced and spatial audio, coupled with strong shipments of Bluetooth, Wi-Fi, and cellular IoT devices, highlight robust demand for its IP portfolio. The company raised its full-year revenue guidance and expanded its share repurchase program, underscoring its financial strength and growth potential in the tech market.
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