CEVA shares drop 3.32% premarket despite Q2 earnings and revenue beat

CEVA Ceva Inc

$24.48 -1.45%

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HIMS -16.61%

1. 1CEVA (CEVA) shares fall 3.32% in Monday's premarket trading even though its Q2 earnings and revenue exceeded Wall Street expectations
2. 2Adjusted EPS of $0.08 and revenue of $29 million beat forecasts; licensing revenue of $18.2 million rose 21% year over year
3. 3Decline despite highest licensing revenue in three years suggests investors are looking beyond the headline beat

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