Ceva (CEVA) Reports Q1 Loss, Lags Revenue Estimates

Ceva (CEVA) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of $0.03. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -266.67%. A quarter ago, it was expected that this chip designer would post earnings of $0.06 per share when it actually produced earnings of $0.10, delivering a surprise of 66.67%.Over the last four quarters, the company has surpassed c ...