Add to Favourites
To login click here
CEVA, Inc. reported its financial results for the second quarter of 2023, with total revenue of $26.2 million, a 21% decrease compared to the same quarter in 2022. Licensing, NRE and related revenue decreased by 24%, while royalty revenue decreased by 15%. CEO Amir Panush noted that the company had a number of noteworthy licensing achievements in the quarter, including three customers for Wi-Fi & Bluetooth combos and four new agreements with customers targeting automotive applications. The company is well-positioned to capitalize on the demand for wireless connectivity and sensing AI technologies.
