CEVA Inc
NASDAQ:CEVA
Income Statement
Earnings Waterfall
CEVA Inc
Revenue
|
97.4m
USD
|
Cost of Revenue
|
-11.6m
USD
|
Gross Profit
|
85.8m
USD
|
Operating Expenses
|
-99.1m
USD
|
Operating Income
|
-13.4m
USD
|
Other Expenses
|
1.5m
USD
|
Net Income
|
-11.9m
USD
|
Income Statement
CEVA Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
49
N/A
|
50
+3%
|
47
-7%
|
51
+9%
|
51
0%
|
51
+0%
|
55
+8%
|
57
+4%
|
60
+4%
|
62
+5%
|
66
+6%
|
68
+2%
|
73
+8%
|
77
+7%
|
81
+4%
|
87
+8%
|
88
+0%
|
84
-4%
|
81
-4%
|
78
-3%
|
78
0%
|
77
-1%
|
78
+1%
|
80
+3%
|
87
+9%
|
94
+8%
|
99
+6%
|
101
+2%
|
100
0%
|
102
+2%
|
109
+7%
|
117
+7%
|
123
+5%
|
132
+7%
|
127
-4%
|
124
-2%
|
135
+8%
|
118
-12%
|
113
-5%
|
107
-5%
|
97
-9%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(10)
|
(11)
|
(13)
|
(17)
|
(21)
|
(17)
|
(18)
|
(27)
|
(17)
|
(19)
|
(15)
|
(12)
|
|
Gross Profit |
44
N/A
|
46
+5%
|
42
-8%
|
46
+9%
|
46
0%
|
46
+0%
|
50
+9%
|
52
+4%
|
54
+4%
|
56
+4%
|
60
+7%
|
62
+2%
|
67
+8%
|
71
+7%
|
75
+5%
|
80
+8%
|
81
+0%
|
77
-5%
|
73
-5%
|
70
-4%
|
70
0%
|
69
-1%
|
70
+1%
|
71
+2%
|
77
+8%
|
83
+8%
|
88
+6%
|
89
+2%
|
90
+0%
|
92
+2%
|
98
+7%
|
103
+6%
|
106
+2%
|
111
+5%
|
110
-1%
|
107
-3%
|
108
+1%
|
101
-6%
|
94
-7%
|
91
-3%
|
86
-6%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(39)
|
(40)
|
(40)
|
(42)
|
(44)
|
(46)
|
(48)
|
(48)
|
(48)
|
(49)
|
(50)
|
(51)
|
(52)
|
(54)
|
(58)
|
(62)
|
(65)
|
(68)
|
(69)
|
(70)
|
(71)
|
(71)
|
(71)
|
(75)
|
(79)
|
(84)
|
(88)
|
(89)
|
(90)
|
(92)
|
(95)
|
(99)
|
(102)
|
(106)
|
(102)
|
(99)
|
(109)
|
(105)
|
(106)
|
(104)
|
(99)
|
|
Selling, General & Administrative |
(18)
|
(18)
|
(18)
|
(18)
|
(18)
|
(18)
|
(18)
|
(18)
|
(18)
|
(19)
|
(20)
|
(20)
|
(20)
|
(20)
|
(21)
|
(22)
|
(23)
|
(24)
|
(24)
|
(24)
|
(23)
|
(22)
|
(21)
|
(22)
|
(24)
|
(26)
|
(27)
|
(27)
|
(26)
|
(25)
|
(26)
|
(26)
|
(27)
|
(28)
|
(26)
|
(25)
|
(28)
|
(27)
|
(27)
|
(28)
|
(26)
|
|
Research & Development |
(21)
|
(22)
|
(23)
|
(23)
|
(26)
|
(27)
|
(28)
|
(29)
|
(28)
|
(29)
|
(29)
|
(30)
|
(31)
|
(33)
|
(36)
|
(38)
|
(40)
|
(43)
|
(44)
|
(46)
|
(48)
|
(48)
|
(49)
|
(51)
|
(53)
|
(56)
|
(58)
|
(60)
|
(62)
|
(64)
|
(67)
|
(70)
|
(73)
|
(75)
|
(73)
|
(71)
|
(79)
|
(73)
|
(74)
|
(75)
|
(73)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(3)
|
(2)
|
(1)
|
(1)
|
(1)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(4)
|
0
|
0
|
|
Operating Income |
5
N/A
|
6
+17%
|
2
-73%
|
4
+157%
|
2
-61%
|
(0)
N/A
|
2
N/A
|
4
+104%
|
6
+42%
|
8
+20%
|
10
+35%
|
10
+3%
|
14
+37%
|
17
+18%
|
16
-3%
|
19
+15%
|
16
-16%
|
9
-46%
|
4
-56%
|
(0)
N/A
|
(1)
-344%
|
(2)
-78%
|
(2)
+22%
|
(4)
-146%
|
(2)
+53%
|
(1)
+66%
|
0
N/A
|
0
+1 350%
|
(1)
N/A
|
(0)
+46%
|
3
N/A
|
4
+63%
|
4
-20%
|
5
+52%
|
9
+60%
|
8
-6%
|
(2)
N/A
|
(4)
-119%
|
(12)
-202%
|
(12)
-3%
|
(13)
-9%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
3
|
2
|
2
|
2
|
1
|
0
|
0
|
1
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
4
|
3
|
3
|
2
|
1
|
2
|
1
|
1
|
0
|
0
|
2
|
4
|
5
|
5
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(4)
|
0
|
0
|
(0)
|
(0)
|
|
Total Other Income |
0
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
7
N/A
|
8
+7%
|
4
-54%
|
5
+38%
|
2
-60%
|
(0)
N/A
|
2
N/A
|
5
+141%
|
7
+44%
|
9
+23%
|
12
+32%
|
13
+4%
|
16
+31%
|
19
+16%
|
19
-1%
|
21
+14%
|
19
-12%
|
12
-36%
|
7
-40%
|
3
-56%
|
1
-59%
|
1
-11%
|
2
+51%
|
(1)
N/A
|
1
N/A
|
3
+91%
|
3
+23%
|
4
+21%
|
3
-37%
|
2
-18%
|
5
+127%
|
5
+13%
|
6
+8%
|
7
+16%
|
9
+39%
|
5
-48%
|
(5)
N/A
|
(1)
+71%
|
(8)
-458%
|
(7)
+13%
|
(8)
-16%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
(0)
|
(1)
|
(3)
|
(2)
|
(3)
|
(3)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(2)
|
(2)
|
(4)
|
(5)
|
(7)
|
(8)
|
(8)
|
(5)
|
(4)
|
(3)
|
(19)
|
(18)
|
(18)
|
(18)
|
(1)
|
(10)
|
|
Income from Continuing Operations |
7
|
7
|
3
|
4
|
(1)
|
(2)
|
(1)
|
2
|
6
|
8
|
10
|
10
|
13
|
15
|
17
|
19
|
17
|
11
|
5
|
1
|
1
|
0
|
1
|
(1)
|
0
|
1
|
2
|
0
|
(2)
|
(5)
|
(3)
|
(3)
|
0
|
2
|
6
|
(15)
|
(23)
|
(20)
|
(26)
|
(8)
|
(18)
|
|
Net Income (Common) |
7
N/A
|
7
+4%
|
3
-53%
|
4
+30%
|
(1)
N/A
|
(2)
-189%
|
(1)
+74%
|
2
N/A
|
6
+209%
|
8
+20%
|
10
+34%
|
10
+1%
|
13
+28%
|
15
+18%
|
17
+8%
|
19
+15%
|
17
-11%
|
11
-37%
|
5
-56%
|
1
-70%
|
1
-58%
|
0
-25%
|
1
+129%
|
(1)
N/A
|
0
N/A
|
1
N/A
|
2
+37%
|
0
-97%
|
(2)
N/A
|
(5)
-101%
|
(3)
+29%
|
(3)
+17%
|
0
N/A
|
2
+483%
|
1
-62%
|
(21)
N/A
|
(23)
-9%
|
(26)
-14%
|
(31)
-18%
|
(14)
+56%
|
(12)
+13%
|
|
EPS (Diluted) |
0.31
N/A
|
0.32
+3%
|
0.15
-53%
|
0.19
+27%
|
-0.04
N/A
|
-0.12
-200%
|
-0.04
+67%
|
0.09
N/A
|
0.3
+233%
|
0.37
+23%
|
0.49
+32%
|
0.48
-2%
|
0.61
+27%
|
0.71
+16%
|
0.75
+6%
|
0.86
+15%
|
0.75
-13%
|
0.47
-37%
|
0.21
-55%
|
0.06
-71%
|
0.03
-50%
|
0.02
-33%
|
0.04
+100%
|
-0.04
N/A
|
0
N/A
|
0.04
N/A
|
0.06
+50%
|
0
N/A
|
-0.11
N/A
|
-0.21
-91%
|
-0.15
+29%
|
-0.13
+13%
|
0.02
N/A
|
0.09
+350%
|
0.03
-67%
|
-0.91
N/A
|
-1
-10%
|
-1.12
-12%
|
-1.29
-15%
|
-0.58
+55%
|
-0.5
+14%
|