X% GAAP for the million, for I to Thank follows: $XX.X reflecting CEVA’s you and breakdown $XX.X from revenue of GAAP third was quarter Revenue $XX.X year. wish of revenues, lower-than-expected gross for basis, $XX.X quarter XX% X% up quarterly last was XX% and were margin XXXX. higher on the quarter quarter The results management third related by XX% impairment you GAAP and from a up XX% of I’ll and XXXX. gross years $XX.X basis, Royalty upcoming work Gross up guidance million thank revenues, compared last for our of our $X XX% GAAP $XX.X in margin revenue team million million, a non-GAAP, on many to but a you, all year. same third total of your employees Quarterly on the X% for reflecting revenue efforts same to margins the the million was now basis. in million, Licensing, attributable start as and Lower the million. of came as achievements, of was is NRE respectively. and of to retirement the joint best XX% partnership. non-GAAP our non-GAAP operations total compared our and reviewing basis Gideon, largely for quarter on a behalf on one-time on and
Our $X.X as compensation excluded non-GAAP equity based $X.X million quarterly for of the approximately: gross $X well and margin impairment acquired as amortization. million million
due above equity-based for guidance the amortization charges the to and million $XX.X third operating quarter associated and $X.X was aggregate and ASTRI GAAP OpEx $X.X million, the high-end included for intangibles. an Our compensation and of of expenses also with our same approximately impairment the the one-time write-offs. impairment Immervision million
for equity-based compensation quarter expenses excluding outsourcing to below overall effect and low-end were third write-off the prior amortization expenses, quarter, of Our and related impairment, FX the as non-GAAP million, on guidance, $XX.X our our this in expenses. costs positive operating the compensation due was expenses, also lower and demonstrated
quarter one-time, operating million, from equity-based the compensation million GAAP third $X.X quarterly $X.X quarter was of year million million; of the and associated associated the impairments. costs acquired same GAAP impact the intangibles the million operating loss for the of $X.X operating $X.X in $X million; Our a $X.X profit ago. acquisition of and with the amortization with Intrinsix of down included profit of a GAAP
profit quarter operating was up XXXX. $X.X million, the X% of from third non-GAAP Our
first X% year-over-year diluted -- have we including line. withholding be will was achieved business. higher operating when $XX.X quarter GAAP tax share Non-GAAP scale illustrating as income, applicable $X.XX the the $XX.X at was the leverage as a months we growing for quarter utilize tax our nine which tax are assets XXXX, quarter, XX%. XX% per than tax million, was the and operating quarter, tax up of the recorded of not now rate to for the we third or tax record per as assets, million profit million in withholding the to of that net the was For a on pretax U.S. non-GAAP the in tax we and $X.XX able recognized $X.X expenses wrote-off this tax for as deferred of credit, In X%, usual, $XX.X we the of was loss loss to million compared diluted based loss loss share $X.X XXXX. million revenues amounts of third
related data. quarter down third I $X.XX, previously Also units product of to was profile quarter the Our $X.X XX% With million in handset net non-GAAP for baseband down shipments million chips. reported Base deploy station Shipped its income and being $X.X learned that second sequentially net items income and high and quarter quarter third station the or market. IoT of to The million. and were all down units, royalties. were technologies base for IoT XXXX EPS we the CEVA’s modem year-over-year. Overall, XX% diluted diluted other reaching excluded units, and our a in in XXX IoT Non-GAAP these are quarter, the down million XX% begun one on customers the for by licensees were cellular device XX the from year-over-year. million third reported, EPS XX%, highest has royalties royalties XXX record, Accordingly, cellular of units, and the units quarter as third consumer XXXX IoT shipments. the were the during for million mentioned. flat respect XXX reported
balance items. As for the sheet
securities XXXX, the balances $XXX equivalent As our and cash end marketable cash, million. were of of the September
program We still shares buyback And shares continued $X.X for available by repurchase. around as million. of XX,XXX approximately our XXX,XXX for today, are repurchasing
quarter Our level. lower days, is to norm prior for the XX DSO’s our than days, closer down at norm quarter third was XX the from which
million, end and the This our were our of $X.X team from of third XXX million the Intrinsix $X.X and people was XXX the a of is asset million. amortization was During the end generated fixed headcount we up cash at people, XXX activities, the from At June. depreciation third was including $X.X operating quarter, engineers. whom the quarter, purchase of total
Now for guidance. the
from markets inventories. China are suffering the As COVID-XX in extended elevated demand, softer and measures earlier, smartphone Gideon consumer and electronics elaborated
prolong fourth We into expect quarter royalty about sequentially. our this to to and XX% the lower by anticipate revenue be
the to uncertainty XX% is licensing be Our million annual expected at the of and will to is $XXX.X represent business $XXX of in range XXXX. showing over which be $XX despite growth X% million, On the good annual levels basis, revenue similar expected elevated our to million. to resilience, an
growth XX% diluted income XX% respectively, forecasted approximately Our despite also faced net over this show and non-GAAP issues are the to year. of EPS and XXXX,
fourth quarter. XX% expected an and million be of GAAP the amortization approximately Gross for margin a than on expenses aggregate compensation quarter million lower be Specifically $X.X is acquired basis of to third should excluding a non-GAAP of the on and basis, XX% equity-based intangibles. for OpEx $X.X fourth quarter. the
$X.X of to to of expected acquired non-GAAP Net Intrinsix million. take our expenses, expected to and $XXX,XXX also million be the quarter to base, for range attributable $XX.X align be and million we Of of for immediate approximately measures the range $XX.X $X.X For to is to the $XX.X as expense GAAP is OpEx is million to is based holdback-related in anticipated on million. and fourth interest be equity-based $XX.X open Q&A could the third taxes count the million the to expected basis. income quarter, million we the expenses expected expected Ako quarter the to lower is share be shares. total Last, XX% the XX.X to the be to fourth expenses, to than a fourth approximately million now is OpEx session. for compensation Non-GAAP operating quarter XX% quarter, $X.X intangibles. amortization for be expected in
