CEVA, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2022
February 15, 2022 at 07:50 pm IST
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CEVA, Inc. provided earnings guidance for the first quarter and full year of 2022. For the quarter, the company expects net interest income to be approximately $0.4 million.
For the full year, the company expects total revenue to be in the range of $141.5 million to $145.5 million, versus $122.9 million in 2021.
Ceva, Inc. is a licensor of silicon and software intellectual property (IP) that enables smart edge devices to connect, sense and infer data. The Company powers the connectivity, sensing, and inference in advanced smart edge products across consumer Internet of Things (IoT), mobile, automotive, infrastructure, industrial, and personal computing. Its application software IP is licensed primarily to original equipment manufacturers (OEMs) who embed it in their System on Chip (SoC) designs to enhance the user experience, and OEMs also license its hardware IP products and solutions for their SoC designs to create power-efficient, intelligent, secure, and connected devices. From Bluetooth connectivity, Wi-Fi, ultra-wide band (UWB) and fifth generation (5G) platform IP for communications, to scalable Edge AI neural processing unit (NPU) IPs, sensor fusion processors and embedded application software that make devices smarter, it has the portfolio of IP to connect, sense and infer data.