CEVA, Inc. (CEVA) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and welcome to the CEVA, Inc. second quarter 2026 earnings conference call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your telephone keypad, and to withdraw your question, please press star then two. Please note today's event is being recorded. I'd now like to turn the conference over to Richard Kingston, Vice President, Market Intelligence, Investor, and Public Relations. Please go ahead, sir. Thank you, Rocco. Good morning, everyone, and welcome to SEVA's second quarter 2026 earnings conference call. Joining me today are Amir Panush, Chief Executive Officer, and Yaniv Arieli, Chief Financial Officer. Before handing the call over to Amir, I'd like to remind everyone that today's discussion contains forward-looking statements that involve risks and uncertainties. as well as assumptions that if they materialize or prove incorrect could cause our results to differ materially from those expressed or implied by such statements. We will also discuss certain non-GAAP financial measures which we believe provide investors with additional insight into our core operating performance. Reconciliations between our GAAP and non-GAAP results are included in the earnings release issued this morning and available on the investors relations section of our website. With that, I'll turn the call over to Amir. Thank you, Richard, and good morning, everyone. We delivered another strong quarter with revenue increasing 13% year-over-year to $29 million, fueled by licensing and related revenue growing 21% to its highest level in three years. The qua...