This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

CEVA's CEO Hosts JPMorgan TMT Conference (Transcript)

CEVA, Inc. (CEVA)

JPMorgan TMT Conference Call

May 15, 2012 14:50 ET

Executives

Gideon Wertheizer – Chief Executive Officer

Analysts

John Ahn – JPMorgan

Presentation

John Ahn – JPMorgan

Okay. So, welcome everyone to the CEVA Meeting. My name is John Ahn and I am a semiconductor analyst here at JPMorgan. See CEVA is the leading licensor of DSP cores and platforms with a market cap about $385 million. Company develops and licenses its DSP technology for using, I think, mostly 2G, 3G, and 4G handsets at this point, but definitely diversifying into some other non-handset markets as well.

So, it is my pleasure to have the CEO of CEVA, Gideon Wertheizer here with us today. And I'd say we typically don't have the pleasure of hosting a non-US company much less somewhere all the way from Israel here. And I think maybe many of you are not very familiar with the CEVA story. So, I am going to let Gideon really devote a little bit more time than usual to introduce himself his company, his business, and then we'll just launch into Q&A today. Gideon?

Gideon Wertheizer – Chief Executive Officer

Yeah, good afternoon. For those of you that are not familiar with the CEVA story, we are what we call the IP company. If you look – think about other companies, very similar business model than our, more imagination, many could develop a piece of technology that is called DSP, digital signal processor and we license it to companies. When we license a technology, we charge or get the license fee, few hundred thousand to few million dollars depending on the business model. And they take this piece of technology integrated into their chip and when they sell their chip to their OEMs meaning handset is the place where we are, this is our space. They license. We are collecting royalty per chip few cents per each product.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
SYM TRADE IT LAST %CHG

Markets

DOW 18,257.81 -27.93 -0.15%
S&P 500 2,130.22 -0.60 -0.03%
NASDAQ 5,101.8790 +11.0850 0.22%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs