Ceva Inc. Bottom Line Climbs 10% In Q3

(RTTNews) - Ceva Inc. (CEVA) announced earnings for its third quarter that advanced from last year.

The company said its bottom line totaled $5.21 million, or $0.24 per share. This was up from $4.73 million, or $0.22 per share, in last year's third quarter.

Analysts had expected the company to earn $0.22 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 9.9% to $17.85 million. This was up from $16.24 million last year.

Ceva Inc. earnings at a glance:

-Earnings (Q3): $5.21 Mln. vs. $4.73 Mln. last year. -Earnings Growth (Y-o-Y): 10.1% -EPS (Q3): $0.24 vs. $0.22 last year. -EPS Growth (Y-o-Y): 9.1% -Analysts Estimate: $0.22 -Revenue (Q3): $17.85 Mln vs. $16.24 Mln last year. -Revenue Change (Y-o-Y): 9.9%