CEVA, Inc reports Q1 2015 total revenues of $13.8m, driven by a record twelve licensing deals signed in the quarter. Non-GAAP earnings per share is 8 cents. For more highlights from the quarter, including LTE and Bluetooth shipment updates, view the infographic.

1. Quarterly Licensing Revenues
Gideon Wertheizer, CEO
CEVA had an excellent start to 2015, with our first quarter revenues
coming in above our guidance range. Demand for our DSP and
connectivity product portfolios continues to grow, with a record
twelve licensing agreements signed in the quarter.
“ “
First Quarter 2015 Earnings
Q1 2015 Total Revenue
$13.8M
u1% Year over Year
Q4 ‘14
$7.4M
Q2 ‘14
$4.4M
Q3 ‘14
$8.7M
Q1 ‘14
$7.9M
Q1 ‘15
$7.8M
www.ceva-dsp.com
Quarterly Performance Overview
Revenue Breakdown Earnings
Q1 2014 Q1 2015
Total
Revenue
$13.7M $13.8M
Licensing
& Related
$7.9M $7.8M
Royalties
$5.8M $6M
Non-GAAP Diluted
net income per share
0.16¢
0.08¢
YoY Change
+ 1%
YoY Change
- 1%
YoY Change
+ 4%
YoY Change
- 50%
4%m On a Year-over-Year basis
The first quarterly YoY royalty growth in more than three years
Q1 2015 Royalty Revenue
12 Licensees Signed in the Quarter
5 1
6
of which are for non-baseband
applications10 of which are first-time CEVA
customers8
Target Markets for Licensees Include
smartphones lte routers surveillance
cameras
wearables advanced driver
assistance systems
LTE
Key CEVA-powered LTE Products Launched in Quarter
<
P90
Redmi 2A
Q1 2015 Shipment Data
141M
Feature Phones
60M
Smartphones
233M
Units 32M
Non-handset
Quarterly Bluetooth Shipments
23
million
units
Continued LTE Momentum
10% sequentially
10x year-over-yearu
6% sequentially
6x year-over-yearu
7.3
million
units
Key Development in QuarterKey Development in Quarter
New CEVA-XM4 intelligent vision processor
announced and lead customer signed
Smartphones & Tablets Automotive Consumer & Wearables Security
& Surveillance
NASDAQ:CEVA