Ceva Stock: Edge AI IP Company Tops Q2 Earnings Views

Ceva (CEVA), a provider of silicon and software intellectual property for network edge applications, on Monday beat Wall Street’s targets for the second quarter. But Ceva stock fell after the report. The Rockville, Md.-based company earned an adjusted 8 cents a share on sales of $29 million in the June quarter. Analysts surveyed by FactSet had expected earnings of 7…