First Quarter 2016 saw CEVA hit all-time record high total revenues, reaching $16.5 million for the quarter and non-GAAP earnings per share was 17 cents. Revenues were driven by strong licensing, particularly for our vision processor which is gaining a lot of traction recently for machine-learning applications. Royalty revenue of $7.9 million was derived from 230 million CEVA-powered devices in the quarter, including a record 35 million LTE smartphones.
Below is an infographic outlining CEVA’s technology and business footprint in the first quarter.
More from Financial
CEVA Q3’16 Earnings – Going from Strength to Strength
Our third quarter 2016 earnings saw CEVA hit all-time record high total revenues for the third quarter in succession, reaching …
CEVA’s Q4 and Year End 2015 Earnings – Finishing the Year on a High
CEVA reported total revenues of $16.1 million for Q4, driven by strong licensing including five deals for our CEVA-XM4 imaging …
CEVA’s Third Quarter 2015 Earnings – Record All-time Revenues!
Third Quarter 2015 saw CEVA hit all-time record high total revenues, reaching $16.2 million for the quarter. CEVA's profitability was also …