CEVA, Inc. (NASDAQ:CEVA) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET
Company Participants
Richard Kingston - Vice President-Market Intelligence, Investor & Public Relations
Amir Panush - Chief Executive Officer
Yaniv Arieli - Chief Financial Officer
Conference Call Participants
Kevin Cassidy - Rosenblatt Securities
Chris Reimer - Barclays
Gus Richard - Northland
Martin Yang - Oppenheimer
Warren Darilek - D.A. Davidson
Operator
Good day, and welcome to the Ceva Inc. Third Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today's remarks, there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded.
I would now like to turn the conference over to Richard Kingston, Vice President-Market Intelligence. Please go ahead.
Richard Kingston
Thank you, Jason and good morning everyone. Welcome to Ceva's third quarter 2024 earnings conference call. Joining me today on the call are Amir Panush, Chief Executive Officer; and Yaniv Arieli, Chief Financial Officer of Ceva.
Before handing over to Amir, I would 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 the results of Ceva to differ materially from those expressed or implied by such forward-looking statements and assumptions.
Forward-looking statements include statements regarding our market positioning, strategy and growth opportunities, market trends and dynamics, expectations regarding demand for and benefits of our technologies, our sales pipeline and backlog, our financial goals and guidance regarding future performance and our expectations regarding utilization of our stock repurchase program.
Ceva assumes no obligation to update any forward-looking statements or information which speak as of their respective dates. In addition, following the divestment of the Intrinsix business financial results from Intrinsix were transitioned to a discontinued operation beginning in the third quarter of 2023 and all prior period financial results have been recast accordingly.
We will also be discussing certain non-GAAP financial measures which we believe provide a more meaningful analysis of our core operating results and comparison of quarterly results.
A reconciliation of non-GAAP financial measures is included in the earnings release, which we issued this morning and in the SEC Filings section on our Investor Relations website.
With that said I'd like to turn the call over to Amir who will review our business performance for the quarter and provide some insight into our ongoing business. Amir?