Quarterly Licensing Revenues

Gideon Wertheizer, CEO

CEVA had an excellent start to 2015, with our first quarter revenues

coming in above our guidance range. Demand for our DSP and

connectivity product portfolios continues to grow, with a record

twelve licensing agreements signed in the quarter.

“ “

First Quarter 2015 Earnings

Q1 2015 Total Revenue

$13.8Mu1% Year over Year

Q4 ‘14

$7.4M

Q2 ‘14

$4.4M

Q3 ‘14

$8.7M

Q1 ‘14

$7.9M

Q1 ‘15

$7.8M

www.ceva-dsp.com

Quarterly Performance Overview

Revenue Breakdown Earnings

Q1 2014 Q1 2015

TotalRevenue

$13.7M $13.8M

Licensing& Related

$7.9M $7.8M

Royalties

$5.8M $6M

Non-GAAP Dilutednet income per share

0.16¢ 0.08¢

YoY Change

+ 1%YoY Change

- 1%YoY Change

+ 4%YoY Change

- 50%

4%m On a Year-over-Year basis

The first quarterly YoY royalty growth in more than three years

Q1 2015 Royalty Revenue

12 Licensees Signed in the Quarter

5 16

of which are for non-baseband applications10 of which are first-time CEVA

customers 8

Target Markets for Licensees Include

smartphones lte routers surveillancecameras

wearables advanced driver assistance systems

LTE

Key CEVA-powered LTE Products Launched in Quarter

<

P90

Redmi 2A

Q1 2015 Shipment Data

141MFeature Phones

60MSmartphones

233MUnits

32MNon-handset

Quarterly Bluetooth Shipments

23million

units

Continued LTE Momentum

10% sequentially10x year-over-yearu

6% sequentially6x year-over-yearu

7.3million

units

Key Development in QuarterKey Development in Quarter

New CEVA-XM4 intelligent vision processor

announced and lead customer signed

Smartphones & Tablets Automotive Consumer & Wearables Security & Surveillance

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