CEVA sees Q3 revenues of $9.5-$10.5 million

JERUSALEM, July 23 (Reuters) - CEVA Inc (CEVA.O), an Israeli licensor of semiconductor intellectual property designs, on Wednesday forecast third-quarter revenues of $9.5-$10.5 million, a gain of as much as 20 percent over the year-earlier period.

CEVA posted revenues of $10.1 million in the second quarter and $8.5 million in the third quarter of 2007.

For all of 2008, CEVA maintained an estimate of $39 million to $41 million, a rise of 17 to 23 percent over 2007. (Reporting by Steven Scheer; Editing by David Cowell)