Exhibit 99.1 Ceva, Inc. Announces Third Quarter 2024 Financial Results ● Total revenue of $27.2 million, up 13% year-over-year ● Ceva-powered device shipments of 522 million units in the quarter, driven by a record of more than 400 million Bluetooth, Wi-Fi and cellular IoT combined shipments ● Strategic licensing deals signed with satellite OEM for 5G-Advanced platform and smartphone OEM for Spatial Audio software ● First licensing deal signed for NeuPro-Nano embedded AI NPU targeting consumer AIoT ● Raises ...

- Total revenue of $27.2 million, up 13% year-over-year - Ceva-powered device shipments of 522 million units in the quarter, driven by a record of more than 400 million Bluetooth, Wi-Fi and cellular IoT combined shipments - Strategic licensing deals signed with satellite OEM for 5G-Advanced platform and smartphone OEM for Spatial Audio software - First licensing deal signed for NeuPro-Nano embedded AI NPU targeting consumer AIoT - Raises financial guidance for full year 2024 - Announces expansion of existin ...

ROCKVILLE, Md., Nov. 7, 2024 /PRNewswire/ -- Ceva, Inc. (NASDAQ: CEVA), the leading licensor of silicon and software IP that enables Smart Edge devices to connect, sense and infer data more reliably and efficiently, today announced that its Board of Directors authorized the expansion of the company's share repurchase program with an additional 700,000 shares of common stock available for repurchase. As of September 30, 2024, Ceva had approximately 356,000 shares of common stock available for repurchase unde ...

Core Insights - Ceva, Inc. and Edge Impulse have announced a collaboration to enhance the Ceva-NeuPro-Nano NPUs with support for the Edge Impulse Platform, enabling faster development and deployment of embedded ML applications pre-silicon [1][2][3] Group 1: Partnership and Collaboration - The collaboration allows AI developers to train, optimize, and deploy embedded ML models on the Ceva-NeuPro-Nano NPU IP before physical hardware is available, significantly accelerating time-to-market for AIoT devices [1][2] - This partnership is the first of its kind focused on NPU IP, ensuring accurate benchmarking and performance refinement of edge AI models [1][3] Group 2: Product Features and Benefits - The Ceva-NeuPro-Nano NPU IP is designed for embedded ML applications, offering a balance of ultra-low power consumption and high performance in a compact form factor, suitable for various AIoT product categories [2][3] - Edge Impulse Platform complements the NeuPro-Nano hardware by providing 'no code' AI tools, simplifying the deployment and benchmarking of embedded ML applications [2][3] Group 3: Market Demand and Future Outlook - There is a growing demand for on-device AI across multiple industries, necessitating efficient and cost-effective solutions for integrating embedded ML applications into products [3] - The combination of Edge Impulse Platform and NeuPro-Nano is positioned as a winning solution for AI developers, facilitating rapid design and deployment of silicon-optimized AI applications [3]

Core Insights - Ceva, Inc. has been awarded the Cabin-Driving Integrated Technology Breakthrough Award for its Ceva-Waves UWB low-power ultra-wideband IP at the OFweek automotive industry awards in China [1][3] - The Ceva-Waves UWB platform is designed for various applications including automotive, consumer electronics, and IoT, providing secure, centimeter-level accuracy and robust location information [2][4] Company Overview - Ceva specializes in silicon and software IP that enables Smart Edge devices to connect, sense, and infer data efficiently, powering over 18 billion smart edge products globally [5][6] - The company offers a broad portfolio of wireless communication technologies, including Bluetooth, Wi-Fi, UWB, and 5G platform IP, along with Edge AI NPU IPs and sensor fusion solutions [5] Product Features - Ceva-Waves UWB is based on 802.15.4 HRP, FiRa 2.0, and CCC DK3.0 standards, featuring Time-of-Flight (ToF) ranging and Angle-of-Arrival (AoA) processing for accurate location tracking [2][4] - The platform supports various applications such as child presence detection in vehicles, indoor navigation, asset tracking, and tap-free payments, with advanced interference suppression capabilities [4] Industry Recognition - The OFweek China Automotive Industry Awards evaluate automotive products based on innovation, real-world applications, growth potential, and industry leadership, highlighting the significance of Ceva's UWB technology in the automotive semiconductor sector [3]

Ceva (CEVA) closed the last trading session at $21.72, gaining 0.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $29 indicates a 33.5% upside potential. The average comprises six short-term price targets ranging from a low of $25 to a high of $33, with a standard deviation of $2.76. While the lowest estimate indicates an increase of 15.1% from the current price level, the most o ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended: June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from to Commission file number: 000-49842 Ceva, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 77-0556376 (State or Other ...

CEVA, Inc. (NASDAQ:CEVA) Q2 2024 Results Conference Call August 7, 2024 8:30 AM ET Company Participants Richard Kingston - Vice President of Market Intelligence, Investor and Public Relations Amir Panush - Chief Executive Officer Yaniv Arieli - Chief Financial Officer Conference Call Participants Matt Ramsay - TD Cowen Kevin Cassidy - Rosenblatt Securities Chris Reimer - Barclays Suji Desilva - Roth Capital Martin Yang - Oppenheimer David O'Connor - BNP Paribas Gus Richard - Northland Operator Good day and ...

Exhibit 99.1 Ceva, Inc. Announces Second Quarter 2024 Financial Results ● Licensing and related revenues $17.3 million, up 28% year-over-year ● Royalty revenue $11.2 million, up 19% year-over-year, generated from 461 million shipped units, up 24% year-over-year ● Long-term roadmap deals signed with 2 infrastructure OEMs developing custom silicon driven by rise in AI-related traf ic on wireless networks ● Strategic deal signed with leading U.S. analog semiconductor company for Ceva-Waves Bluetooth portfolio ...

Ceva (CEVA) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to loss of $0.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 750%. A quarter ago, it was expected that this chip designer would post earnings of $0.03 per share when it actually produced a loss of $0.05, delivering a surprise of -266.67%.Over the last four quarters, the company has surpass ...