CEVA, Inc. Files 8-K on Financials and Operations
Ticker: CEVA · Form: 8-K · Filed: Nov 7, 2024 · CIK: 1173489
Sentiment: neutral
Topics: financial-reporting, operations
TL;DR
CEVA dropped an 8-K detailing financial results and operations. Check it out.
AI Summary
CEVA, Inc. filed an 8-K on November 7, 2024, reporting on its results of operations and financial condition. The filing also includes information on Regulation FD disclosures and financial statements and exhibits. The company, incorporated in Delaware, is headquartered in Rockville, MD.
Why It Matters
This 8-K filing provides crucial updates on CEVA, Inc.'s financial performance and operational status, which can influence investor decisions.
Risk Assessment
Risk Level: low — This filing is a standard 8-K reporting financial and operational information, not indicating any immediate or unusual risks.
Key Players & Entities
- CEVA, INC. (company) — Registrant
- Delaware (jurisdiction) — State of Incorporation
- Rockville, MD (location) — Business Address
- November 7, 2024 (date) — Date of earliest event reported
FAQ
What is the primary purpose of this 8-K filing by CEVA, Inc.?
The primary purpose of this 8-K filing is to report on CEVA, Inc.'s results of operations and financial condition, as well as to provide Regulation FD disclosures and financial statements and exhibits.
When was the earliest event reported in this filing?
The earliest event reported in this filing was on November 7, 2024.
In which state is CEVA, Inc. incorporated?
CEVA, Inc. is incorporated in Delaware.
What is the business address of CEVA, Inc.?
The business address of CEVA, Inc. is 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: 1,030 words · 4 min read · ~3 pages · Grade level 11.7 · Accepted 2024-11-07 09:21:04
Key Financial Figures
- $0.001 — ge on which registered Common Stock , $0.001 par value CEVA The NASDAQ Stock Mark
Filing Documents
- ceva20241105_8k.htm (8-K) — 33KB
- ex_743441.htm (EX-99.1) — 325KB
- ex_743442.htm (EX-99.2) — 57KB
- ex_743443.htm (EX-99.3) — 12KB
- image1.jpg (GRAPHIC) — 8KB
- image2.jpg (GRAPHIC) — 4KB
- 0001437749-24-033785.txt ( ) — 611KB
- ceva-20241107.xsd (EX-101.SCH) — 3KB
- ceva-20241107_def.xml (EX-101.DEF) — 11KB
- ceva-20241107_lab.xml (EX-101.LAB) — 15KB
- ceva-20241107_pre.xml (EX-101.PRE) — 11KB
- ceva20241105_8k_htm.xml (XML) — 3KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On November 7, 2024, Ceva, Inc. (the "Company") announced its financial results for the quarter ended September 30, 2024. A copy of the press release, dated November 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 third 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 September 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, net income and diluted earnings per share (EPS) figures for the referenced periods. Non-GAAP gross margin for the third quarter of 2024 and 2023 each excluded: (a) equity-based compensation expenses and (b) amortization of acquired intangibles. Non-GAAP operating income for the third quarter of 2024 and 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 income and diluted earnings per share for the third 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) income associated with the remeasurement of marketable equity securities. Non-GAAP net income and diluted earnings per share
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On November 7, 2024, the Company announced the expansion of its share repurchase program in a press release dated as of the same date. A copy of such press release is attached and filed herewith as Exhibit 99.3. This information, including Exhibit 99.3 attached hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference to such filing.
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 November 7, 2024 99.2 Script of the conference call of Ceva, Inc., dated November 7, 2024 99.3 Press release of Ceva, Inc., dated November 7, 2024 announcing expansion of share repurchase program 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: November 7, 2024 By: /s/ Yaniv Arieli Name: Yaniv Arieli Title: Chief Financial Officer