CEVA, Inc. Files 8-K with Financial Updates

Ticker: CEVA · Form: 8-K · Filed: Aug 7, 2024 · CIK: 1173489

Sentiment: neutral

Topics: financial-reporting, 8-k

TL;DR

CEVA dropped an 8-K with financials - check the exhibits for the deets.

AI Summary

On August 7, 2024, CEVA, Inc. filed an 8-K report detailing its financial results and operations. The filing includes financial statements and exhibits, providing an update on the company's performance. Specific financial figures and operational details are contained within the attached documents.

Why It Matters

This filing provides investors and stakeholders with crucial, up-to-date information on CEVA, Inc.'s financial condition and operational performance, enabling informed decision-making.

Risk Assessment

Risk Level: low — This is a routine financial filing (8-K) and does not inherently introduce new risks.

Key Players & Entities

FAQ

What is the primary purpose of this 8-K filing?

The primary purpose of this 8-K filing is to report on CEVA, Inc.'s results of operations and financial condition, along with providing financial statements and exhibits.

When was the earliest event reported in this filing?

The earliest event reported in this filing was on August 7, 2024.

In which state is CEVA, Inc. incorporated?

CEVA, Inc. is incorporated in Delaware.

What is CEVA, Inc.'s principal executive office address?

CEVA, Inc.'s principal executive office is located at 15245 Shady Grove Road, Suite 400, Rockville, MD 20850.

What is the Commission File Number for CEVA, Inc.?

The Commission File Number for CEVA, Inc. is 000-49842.

Filing Stats: 1,036 words · 4 min read · ~3 pages · Grade level 12.2 · Accepted 2024-08-07 09:15:19

Key Financial Figures

Filing Documents

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition. On August 7, 2024, Ceva, Inc. (the "Company") announced its financial results for the quarter ended June 30, 2024. A copy of the press release, dated August 7, 2024, is attached and filed herewith as Exhibit 99.1. On the same day, the Company will hold a conference call to discuss its financial results for the second quarter of 2024. A copy of the script of the conference call is attached hereto as Exhibit 99.2. This information, including Exhibits 99.1 and 99.2 attached hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference to such filing. In addition to the disclosure of financial results for the quarter and year ended June 30, 2024 and 2023 in accordance with generally accepted accounting principles in the United States ("GAAP"), the press release and script also included non-GAAP gross margin, operating income, operating loss, net loss and diluted loss per share for the referenced periods. Non-GAAP gross margin for the second quarter of 2024 and 2023 each excluded (a) equity-based compensation expenses and (b) amortization of acquired intangibles. Non-GAAP operating income for the second quarter of 2024 and non-GAAP operating loss for the second quarter of 2023 each excluded (a) equity-based compensation expenses, (b) the impact of the amortization of acquired intangibles and (c) costs associated with business acquisitions. Non-GAAP net loss and diluted loss per share for the second quarter of 2024 and 2023 each excluded (a) equity-based compensation expenses, (b) the impact of the amortization of acquired intangibles, (c) costs associated with business acquisitions and (d) loss associated with the remeasurement of marketable equity securities. Non-GAAP net loss and dilu

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits: Exhibit Number Description 99.1 Earnings release of Ceva, Inc. dated August 7, 2024 99.2 Script of the conference call of Ceva, Inc., dated August 7, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). Signature Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CEVA, INC. Date: August 7, 2024 By: /s/ Yaniv Arieli Name: Yaniv Arieli Title: Chief Financial Officer

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