CEVA, Inc. (CEVA) Reports Record Q4, Expanding AI Connectivity Demand

CEVA, Inc. (NASDAQ:CEVA) is one of the AI stocks that will go to the moon. It is one of the AI stocks that will go to the moon. On February 17, CEVA, Inc. (NASDAQ:CEVA) delivered fourth-quarter and full-year results. The company had a landmark year with record fourth-quarter revenue and the strongest royalty quarter in more than 4 years.

Revenue in the fourth quarter was up 7% year over year to $31.3 million, representing the highest quarterly revenue. The robust revenue growth came as the company signed 18 licensing agreements affirming demand across AI connectivity and sensing. Royalty revenue was up 2% to $13.8 million. Meanwhile, full-year revenue rose 2% to $109.6 million, with licensing revenue up 65% to $63.6 million.

Diluted loss per share shrank to $0.04 compared to a diluted loss of $0.07 delivered in the fourth quarter of 2024. Operating income increased to $5.7 million from $4.5 million a year earlier in the same quarter. The company delivered non-GAAP net income of $10.8 million, or $0.42 a share, compared to $9 million, or $0.36 a share, in 2024.

Yaniv Arieli, Chief Financial Officer of Ceva, said: “We delivered record fourth-quarter revenues and achieved 18% non-GAAP operating margins, reflecting disciplined execution and improving mix.

CEVA, Inc. (NASDAQ:CEVA) is a leading licensor of silicon and software intellectual property (IP) specialized for smart edge devices. The company designs and licenses technologies that enable devices to connect, Sense, and efficiently infer (AI) data.

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Disclosure: None. This article is originally published at Insider Monkey.