CEVA, Inc. Q1 2015 Earnings Infographic
0 likes328 views
CEVA, led by CEO Gideon Wertheizer, reported strong first-quarter 2015 revenues of $13.8 million, surpassing guidance, with 12 licensing agreements signed, reflecting growing demand for its DSP and connectivity products. Year-over-year royalty revenue growth was noted for the first time in over three years, with significant performance in markets such as smartphones and wearables. The company also announced the launch of the new CEVA-XM4 intelligent vision processor during the quarter.
CEVA, Inc. Q1 2015 Earnings Infographic
- 1. Quarterly Licensing Revenues Gideon Wertheizer, CEO CEVA had an excellent start to 2015, with our first quarter revenues coming in above our guidance range. Demand for our DSP and connectivity product portfolios continues to grow, with a record twelve licensing agreements signed in the quarter. “ “ First Quarter 2015 Earnings Q1 2015 Total Revenue $13.8M u1% Year over Year Q4 ‘14 $7.4M Q2 ‘14 $4.4M Q3 ‘14 $8.7M Q1 ‘14 $7.9M Q1 ‘15 $7.8M www.ceva-dsp.com Quarterly Performance Overview Revenue Breakdown Earnings Q1 2014 Q1 2015 Total Revenue $13.7M $13.8M Licensing & Related $7.9M $7.8M Royalties $5.8M $6M Non-GAAP Diluted net income per share 0.16¢ 0.08¢ YoY Change + 1% YoY Change - 1% YoY Change + 4% YoY Change - 50% 4%m On a Year-over-Year basis The first quarterly YoY royalty growth in more than three years Q1 2015 Royalty Revenue 12 Licensees Signed in the Quarter 5 1 6 of which are for non-baseband applications10 of which are first-time CEVA customers8 Target Markets for Licensees Include smartphones lte routers surveillance cameras wearables advanced driver assistance systems LTE Key CEVA-powered LTE Products Launched in Quarter < P90 Redmi 2A Q1 2015 Shipment Data 141M Feature Phones 60M Smartphones 233M Units 32M Non-handset Quarterly Bluetooth Shipments 23 million units Continued LTE Momentum 10% sequentially 10x year-over-yearu 6% sequentially 6x year-over-yearu 7.3 million units Key Development in QuarterKey Development in Quarter New CEVA-XM4 intelligent vision processor announced and lead customer signed Smartphones & Tablets Automotive Consumer & Wearables Security & Surveillance NASDAQ:CEVA