Ceva (CEVA) Q2 Earnings and Revenues Top Estimates

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 ...