CEVA, Inc. provided earnings guidance for the fourth quarter and full year of 2025. As for the fourth quarter, total revenue is expected to be in the range of $29 million to $33 million, gross margin is expected to remain high and at the same level of Q3, approximately 88% on GAAP basis
The company expects continued seasonal momentum in the fourth quarter, driven by share gains at a U.S. OEM smartphone customer using technology in its in-house 5G modem and by strong ramps in Wi-Fi and cellular IoT. The company maintaining full year revenue guidance as previously discussed and aligned with Street estimates for the year.
Ceva, Inc. is a licensor of silicon and software intellectual property (IP) that enables smart edge devices to connect, sense and infer data. The Company powers the connectivity, sensing, and inference in advanced smart edge products across consumer Internet of Things (IoT), mobile, automotive, infrastructure, industrial, and personal computing. Its application software IP is licensed primarily to original equipment manufacturers (OEMs) who embed it in their System on Chip (SoC) designs to enhance the user experience, and OEMs also license its hardware IP products and solutions for their SoC designs to create power-efficient, intelligent, secure, and connected devices. From Bluetooth connectivity, Wi-Fi, ultra-wide band (UWB) and fifth generation (5G) platform IP for communications, to scalable Edge AI neural processing unit (NPU) IPs, sensor fusion processors and embedded application software that make devices smarter, it has the portfolio of IP to connect, sense and infer data.
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