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Acceleration At CEVA

February 23rd, 2020 · No Comments

  • Q4 revenue growth exceeded expectations and returned the company to its growth path of a couple of years back.
  • The company has 5G and the exploding connectivity as a secular tailwind, and it looks like its diversifying income streams through R&D and M&A to benefit from these.
  • The shares need to consolidate the recent gains, and markets are extended, and the economic impact of the coronavirus could be more severe than is priced in at the moment.
  • But look beyond that, and we see further gains.

Source: Acceleration At CEVA – CEVA, Inc. (NASDAQ:CEVA) | Seeking Alpha

Tags: CEVA