Ceva

Ceva Inc. reported a loss of $2.9 million in its second quarter, while adjusted earnings reached 8 cents per share. This result exceeded Wall Street expectations, which had averaged 7 cents per share. Additionally, the company posted revenue of $29 million, beating analyst forecasts that expected $28.2 million.

Valve imported 13 tons of Steam Frame VR headsets via the German container ship Posen on June 10th, following a two-week voyage from Shanghai to Los Angeles. The shipment, offloaded by distribution partner Ceva, aligns with a previous import of 50 tons of game consoles.