|Bid||36.77 x 800|
|Ask||36.93 x 800|
|Day's Range||36.17 - 36.99|
|52 Week Range||20.45 - 38.65|
|Beta (5Y Monthly)||1.38|
|PE Ratio (TTM)||753.27|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]
Please note that today's discussion contains forward-looking statements that involve risks and uncertainties as well as assumptions that if they materialize or prove incorrect, could cause the results of CEVA to differ materially from those expressed or implied by such forward-looking statements and assumptions. Forward-looking statements include guidance for second quarter of 2020; our anticipated pillars of growth, including 5G, RAN and Wi-Fi stick and optimism about achieving such growth objectives; optimism about certain of our customers gaining market share in 5G, our ability to manage our non-GAAP expense level to mitigate the adverse impact of the pandemic in the coming months, and market data by Cisco and ABI Research.
Ceva (CEVA) delivered earnings and revenue surprises of 120.00% and 9.84%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of CEVA (NASDAQ:CEVA) moved higher by 1.8% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share increased 1000.00% over the past year to $0.11, which beat the estimate of $0.05.Revenue of $23,615,000 rose by 39.17% year over year, which beat the estimate of $21,530,000.Looking Ahead CEVA hasn't issued any earnings guidance for the time being.Revenue guidance hasn't been issued by the company for now.How To Listen To The Conference Call Date: May 11, 2020View more earnings on CEVATime: 07:01 PM ETWebcast URL: https://www.webcaster4.com/Webcast/Page/984/33821Recent Stock Performance 52-week high: $36.6252-week low: $20.45Price action over last quarter: down 5.27%Company Profile CEVA Inc is a licensor of signal-processing intellectual property. Through partnerships with semiconductor companies and original equipment manufacturers globally, the company helps produce devices for a range of end markets. OEMs and semiconductor companies choose to sell products with CEVA equipment to wireless, consumer, automotive, and Internet of Things companies. Revenue is derived primarily from licensing fees and related revenue, and royalties generated from the shipments of products utilizing its intellectual properties. CEVA also engages in the training and sale of development systems.See more from Benzinga * Apyx Medical: Q1 Earnings Insights * Recap: Contura Energy Q1 Earnings * Recap: Vuzix Q1 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Ceva (CEVA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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