CEVA Inc <CEVA.OQ> expected to post earnings of 11 cents a share - Earnings Preview

• CEVA Inc CEVA.OQ CEVA.O is expected to show a rise in quarterly revenue when it reports results on February 13 for the period ending December 31 2024

• The Rockville Maryland-based company is expected to report a 14.1% increase in revenue to $27.558 million from $24.16 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.The company's guidance on November 7 2024, for the period ended December 31, was for revenue between $26.50 million and $28.50 million.

• ​LSEG's mean analyst estimate for CEVA Inc is for earnings of 11 cents per share.

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The mean earnings estimate of analysts was unchanged in the last three months. ​

• Wall Street's median 12-month price target for CEVA Inc is $35.00​, above​ its last closing price of $32.73. ​​​

The company's guidance on November 7 2024 for the period ended December 31 was for gross profit margin of USD89%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated February 11 at 14:02 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)