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<P align="center" style="font-size: 14pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
<FONT style="font-size: 12pt">Washington, D.C. 20549
</FONT></B>

<P align="center" style="font-size: 18pt"><B>FORM 8-K</B>

<P align="center" style="font-size: 12pt"><B>CURRENT REPORT<BR>
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</B>

<P align="center" style="font-size: 10pt"><B>Date of Report (Date of earliest event reported): May 5, 2009</B>

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<P align="center" style="font-size: 24pt"><B>CEVA, INC.<BR></B>
<FONT style="font-size: 10pt">(Exact name of registrant as specified in its charter)
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    <TD style="border-bottom: 1px solid #000000"><B>Delaware</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>000-49842</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>77-0556376</B></TD>
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<TR valign="top">
    <TD>(State or other Jurisdiction of Incorporation)</TD>
    <TD>&nbsp;</TD>
    <TD>(Commission File Number)</TD>
    <TD>&nbsp;</TD>
    <TD>(IRS Employer Identification No.)</TD>
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    <TD width="49%">&nbsp;</TD>
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    <TD style="border-bottom: 1px solid #000000"><B>2033 Gateway Place, Suite 150, San Jose, CA<BR></B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>95110</B></TD>
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    <TD>(Address of Principal Executive Offices)</TD>
    <TD>&nbsp;</TD>
    <TD>(Zip Code)</TD>
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<P align="center" style="font-size: 10pt">Registrant&#146;s telephone number, including area code: <B>408/514-2900</B>


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    <TD nowrap>(Former name or former address if changed since last report.)</TD>
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<P align="left" style="font-size: 10pt">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:

<P align="left" style="font-size: 10pt">
<FONT face="Wingdings">&#111;</FONT> Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<BR>


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<P align="center" style="font-size: 10pt; display: none">1
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<P align="left" style="font-size: 10pt"><B>ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION</B>


<P align="left" style="font-size: 10pt; text-indent: 4%">On May&nbsp;5, 2009, CEVA, Inc. (the &#147;Company&#148;) announced its financial results for the quarter ended March&nbsp;31, 2009.
A copy of the press release, dated May&nbsp;5, 2009, is attached and filed herewith as Exhibit&nbsp;99.1. This information,
including Exhibit&nbsp;99.1 attached hereto, shall not be deemed &#147;filed&#148; for purposes of Section&nbsp;18 of the Securities Act of
1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall
be expressly set forth by specific reference to such filing.


<P align="left" style="font-size: 10pt; text-indent: 4%">In addition to the disclosure of financial results for the quarter ended March&nbsp;31, 2009 in accordance with
generally accepted accounting principles in the United States (&#147;GAAP&#148;), the press release also included non-GAAP net
income and diluted net income per share (A)&nbsp;for the quarter ended March&nbsp;31, 2009 that excluded the expenses associated
with the application of Statement of Financial Accounting Standards (&#147;SFAS&#148;) 123(R) of $0.8&nbsp;million, and (B)&nbsp;for the
quarter ended March&nbsp;31, 2008, a capital gain of $10.9&nbsp;million resulting from the divestment of the Company&#146;s equity
investment in GloNav Inc. to NXP Semiconductors; a tax expense of $3.1&nbsp;million related to such divestment; a
reorganization expense associated with the termination of the long-term Harcourt lease in Ireland of $3.5&nbsp;million; and
equity-based compensation expense of $0.6&nbsp;million The Company believes that the reconciliation of financial measures
in the press release is useful to investors in analyzing the results for the quarters ended March&nbsp;31, 2009 and 2008
because the exclusion of such expenses may provide a more meaningful analysis of the Company&#146;s core operating results.
Further, the Company believes it is useful for investors to understand how the expenses associated with the application
of SFAS 123(R) are reflected on its statements of income. The reconciliation of financial measures should be reviewed
in addition to and in conjunction with results presented in accordance with GAAP, and are intended to provide
additional insight into the Company&#146;s operations that, when viewed with its GAAP results and the accompanying
reconciliation, offer a more complete understanding of factors and trends affecting the Company&#146;s business. The
reconciliation of financial measures should not be viewed as a substitute for the Company&#146;s reported GAAP results.


<P align="left" style="font-size: 10pt"><B>ITEM 9.01. Financial Statements and Exhibits.</B>


<P align="left" style="font-size: 10pt; text-indent: 6%">(d)&nbsp;Exhibits.


<P align="left" style="font-size: 10pt; text-indent: 6%">99.1 Press Release of CEVA, Inc., dated May&nbsp;5, 2009.




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<P align="center" style="font-size: 10pt; display: none">2
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<P align="center" style="font-size: 10pt"><B>SIGNATURES</B>



<P align="left" style="font-size: 10pt; text-indent: 4%">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly authorized.



<P align="left" style="margin-left:48%; font-size: 10pt">CEVA, INC.


<P align="left" style="font-size: 10pt">Date: May&nbsp;5, 2009



<P align="left" style="margin-left:48%; font-size: 10pt; margin-top: -11pt">By: <U> <B>/</B>s/
Yaniv Arieli</U>
<BR>
Yaniv Arieli
<BR>
Chief Financial
Officer




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<P align="center" style="font-size: 10pt; display: none">3




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<DIV align="center" style="font-size: 10pt; margin-top: 10pt"><B>EXHIBIT INDEX</B>
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    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Description</B></TD>
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    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">99.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Press Release of CEVA, Inc., dated May&nbsp;5, 2009.</TD>
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{"company-data": {"conformed-name": "CEVA  INC", "cik": "0001173489", "assigned-sic": "3674", "irs-number": "770556376", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-49842", "film-number": "09795444"}, "business-address": {"street1": "2033 GATEWAY PLACE, SUITE 150", "city": "SAN JOSE", "state": "CA", "zip": "95110-1002", "phone": "4085142900"}, "mail-address": {"street1": "2033 GATEWAY PLACE, SUITE 150", "city": "SAN JOSE", "state": "CA", "zip": "95110-1002"}, "former-company": [{"former-conformed-name": "PARTHUSCEVA INC", "date-changed": "20021101"}, {"former-conformed-name": "CEVA INC", "date-changed": "20020515"}]}
Form 8-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 5, 2009
CEVA, INC.
(Exact name of registrant as specified in its charter)
Delaware
000-49842
77-0556376
(State or other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
2033 Gateway Place, Suite 150, San Jose, CA
95110
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number, including area code:
408/514-2900
(Former name or former address if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION
On May 5, 2009, CEVA, Inc. (the "Company") announced its financial results for the quarter ended March 31, 2009.
A copy of the press release, dated May 5, 2009, is attached and filed herewith as Exhibit 99.1. This information,
including Exhibit 99.1 attached hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Act of
1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall
be expressly set forth by specific reference to such filing.
In addition to the disclosure of financial results for the quarter ended March 31, 2009 in accordance with
generally accepted accounting principles in the United States ("GAAP"), the press release also included non-GAAP net
income and diluted net income per share (A) for the quarter ended March 31, 2009 that excluded the expenses associated
with the application of Statement of Financial Accounting Standards ("SFAS") 123(R) of $0.8 million, and (B) for the
quarter ended March 31, 2008, a capital gain of $10.9 million resulting from the divestment of the Company's equity
investment in GloNav Inc. to NXP Semiconductors; a tax expense of $3.1 million related to such divestment; a
reorganization expense associated with the termination of the long-term Harcourt lease in Ireland of $3.5 million; and
equity-based compensation expense of $0.6 million The Company believes that the reconciliation of financial measures
in the press release is useful to investors in analyzing the results for the quarters ended March 31, 2009 and 2008
because the exclusion of such expenses may provide a more meaningful analysis of the Company's core operating results.
Further, the Company believes it is useful for investors to understand how the expenses associated with the application
of SFAS 123(R) are reflected on its statements of income. The reconciliation of financial measures should be reviewed
in addition to and in conjunction with results presented in accordance with GAAP, and are intended to provide
additional insight into the Company's operations that, when viewed with its GAAP results and the accompanying
reconciliation, offer a more complete understanding of factors and trends affecting the Company's business. The
reconciliation of financial measures should not be viewed as a substitute for the Company's reported GAAP results.
ITEM 9.01. Financial Statements and Exhibits.
(d) Exhibits.
99.1 Press Release of CEVA, Inc., dated May 5, 2009.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly authorized.
CEVA, INC.
Date: May 5, 2009
By:
/
s/
Yaniv Arieli
Yaniv Arieli
Chief Financial
Officer
EXHIBIT INDEX
Exhibit No.
Description
99.1
Press Release of CEVA, Inc., dated May 5, 2009.