Reuters logo
Israel's Ceva Q1 profit and revenue up, meets estimates
2017年5月4日 / 上午11点26分 / 7 个月前

Israel's Ceva Q1 profit and revenue up, meets estimates

TEL AVIV, May 4 (Reuters) - Israeli chip designer Ceva reported on Thursday a rise in profit and revenue in the first quarter, during which it completed 11 license agreements, including five in China.

Ceva earned 28 cents per share excluding one-time items in the quarter, up from 17 cents a year earlier. It reported a 29 percent rise in quarterly revenue to $21.3 million.

Analysts on average expected Ceva to earn 28 cents a share on revenue of $21 million, according to Thomson Reuters I/B/E/S/.

“Our strongest licensing quarter in the company’s history helped to deliver a fifth record revenue quarter in succession,” Ceva CEO Gideon Wertheizer said.

The company’s customers shipped a record 352 million chips based on Ceva’s technology, resulting in 50 percent royalty revenue growth. (Reporting by Tova Cohen)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below