- CEVA reported total revenue of $17.1 million for Q2 2016, a 28% increase from Q2 2015. Licensing and royalties revenue increased by 69% and 263% respectively from the previous year. - Royalty revenue per unit shipped increased to 4.3 cents in Q2 2016 compared to 2.8 cents in Q2 2015. - CEVA signed 10 new licensing deals in Q2 2016, with 4 being for non-handset baseband applications. CEVA's market share for LTE shipments increased to 35% in Q2 2016.

1. Q2 ‘15 Q3 ‘15
$7.6M
$5.7M
Q2 ‘15 Q2 ‘16Q3 ‘15
$8.6M
$7.5M$7.7M
Total Revenue
$17.1M
u 28% Year over Year
Second Quarter 2016 Earnings
www.ceva-dsp.com
Quarterly Performance Overview
Revenue Breakdown Earnings
Q2 2015 Q2 2016
Total
Revenue
Licensing
& Related
Royalties Non-GAAP
net income
$4.6M
YoY Change
+ 28%
YoY Change
- 3%
YoY Change
+ 69%
YoYChange
+ 263%
69%m On a Year-over-Year basis
YoY royalty growth for sixth quarter in succession
Q2 2016 Royalty Revenue
10 Deals Signed in the Quarter
4 2
4
of which are for non-handset
baseband applications10 of which were first-time CEVA
customers3
Target Markets for Licensees Include
Voice Processors 5G Base Stations Bluetooth 5
Shipment Data
89M
Feature Phones
102M
Smartphones
225M
Units 34M
Non-handset
Baseband Market Share
35%
LTE Shipments
u405% YoY
56M
units
Gideon Wertheizer, CEO
“ “
visit us at investors.ceva-dsp.comNASDAQ:CEVA ||
$138m
in cash and cash equivalent balances,
marketable securities and bank deposits,
debt free
273 CEVA employees worldwide as of Q2,
216 of which are engineers
Fast Facts
Earnings Per Share
13¢GAAP
21¢NON-GAAP
1200% versus Q2‘15 250% versus Q2 ‘15u u
Quarterly Revenues
Licensing
Q4 ‘15 Q1 ‘16
$8.6M$8.0M
Royalties
Q4 ‘15 Q1 ‘16
$7.9M$8.1M
ufrom 29% last Q
$13.4M
$7.7M
$5.7M
$1.3M
$17.1M
$7.5M
$9.6M
We continue to experience a healthy licensing environment and a
stronger-than-normal sales pipeline as we capitalize on the
accelerated industry transition towards ubiquitous connectivity
and machine learning.
Q2 ‘16
$9.6M
AR/VR
worldwide
based on Q1 shipments from CEVA customers and data from Strategy Analytics
4.3¢ average royalty per unit in Q2. Up from 2.8¢
in Q2 2015