Benzinga | Nov 5, 2020 07:07AM EST

CEVA Q3 EPS $0.16 Beats $0.11 Estimate, Sales $24.96M Beat $22.56M Estimate

CEVA (NASDAQ:CEVA) reported quarterly earnings of $0.16 per share which beat the analyst consensus estimate of $0.11 by 45.45 percent. This is a 27.27 percent decrease over earnings of $0.22 per share from the same period last year. The company reported quarterly sales of $24.96 million which beat the analyst consensus estimate of $22.56 million by 10.64 percent. This is a 6.34 percent increase over sales of $23.47 million the same period last year.