© Reuters. CEVA Earnings, Revenue Miss in Q3
Investing.com – CEVA reported on Wednesday third quarter that missed analysts’ forecasts and revenue that fell short of expectations.
CEVA announced earnings per share of $0.20 on revenue of $33.66M. Analysts polled by Investing.com anticipated EPS of $0.21 on revenue of $35.03M.
CEVA shares are down 16.73% from the beginning of the year, still down 42.36% from its 52 week high of $50.85 set on November 17, 2021.
CEVA follows other major Information Technology sector earnings this month
CEVA’s report follows an earnings beat by Apple on October 27, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on October 25 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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