CEVA(CEVA) - 2024 Q3 - Quarterly Results

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 ...