Business Model TransitionCEVA's transition to focus on its pure IP business model and expand into non-handset end markets is paying off.
Customer EngagementManagement highlighted a significant increase in customer engagement, strong momentum across geographies and record cellular IoT shipments.
Revenue GrowthCEVA reported 13% year-over-year revenue growth, slightly higher than the top end of company guidance, reflecting annual growth in both licensing and royalties.