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CEVA (CEVA) Net Income : $-11.9 Mil (TTM As of Dec. 2023)


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What is CEVA Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. CEVA's Net Income for the three months ended in Dec. 2023 was $3.8 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-11.9 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. CEVA's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.16.


CEVA Net Income Historical Data

The historical data trend for CEVA's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CEVA Net Income Chart

CEVA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 -2.38 0.40 -23.18 -11.88

CEVA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.94 -4.87 -5.82 -4.96 3.77

CEVA Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

CEVA's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-8.205+-10.232+6.559+-3.5527136788005E-15
=-11.9

CEVA's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.946+-7.152+11.867+0
=3.8

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11.9 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CEVA  (NAS:CEVA) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

CEVA's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


CEVA Net Income Related Terms

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CEVA (CEVA) Business Description

Traded in Other Exchanges
Address
15245 Shady Grove Road, Suite 400, Rockville, MD, USA, 20850
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.
Executives
Amir Panush officer: Chief Executive Officer 15245 SHADY GROVE ROAD, SUITE 400, ROCKVILLE MD 20850
Gweltaz Toquet officer: Chief Commercial Officer C/O CEVA, INC., 15245 SHADY GROVE ROAD, SUITE 400, ROCKVILLE MD 20850
Louis Silver director C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Michael Boukaya officer: Chief Operating Officer 1174 CASTRO STREET, SUITE 210, MOUNTAIN VIEW CA 94040
Issachar Ohana officer: EVP Worldwide Sales C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Gideon Wertheizer officer: EVP and GM DSP Cores C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Yaniv Arieli officer: Chief Financial Officer C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Zvi Limon director C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Sven Christer Nilsson director C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Maria Marced director C/O CEVA, INC.,1174 CASTRO STREET, SUITE 210, MOUNTAIN VIEW CA 94040
Eliyahu Ayalon director C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Jaclyn Liu director C/O CEVA, INC., 15245 SHADY GROVE ROAD, SUITE 400, ROCKVILLE MD 20850
Peter Mcmanamon director C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Bruce Mann director C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Bernadette Andrietti director C/O CEVA, INC.,1174 CASTRO STREET, SUITE, MOUNTAIN VIEW CA 94040