DLB Stock Recent News

Dublin, June 12, 2024 (GLOBE NEWSWIRE) -- The "Middle East & Africa 3D Audio Market Forecast to 2030 - Regional Analysis - By Component (Hardware, Software, Services) and End Use Industries (Consumer Electronics, Automotive, Media and Entertainment, Gaming, and Others)" report has been added to ResearchAndMarkets.com's offering. The Middle East & Africa 3D audio market was valued at US$ 479.24 million in 2022 and is expected to reach US$ 1,228.12 million by 2030; it is estimated to grow at a CAGR of 12.5% from 2022 to 2030. Proliferation of Gaming Industry Fuels the Middle East & Africa 3D Audio Market The use of advanced technologies such as head-related transfer functions (HRTF) is growing in the media & entertainment industry. Players in the Middle East & Africa 3D audio market are working on merging the HRTF technology for improved user experience. When watching movies on smartphones with earphones, 3D audio is more immersive than 2D audio. In the film industry, HRTF integration si

Dolby Laboratories (DLB) inks a definitive agreement to acquire GE Licensing from GE Aerospace for $429 million in cash.

Acquisition to strengthen Dolby's licensing businesses and create opportunity for future growth SAN FRANCISCO , June 6, 2024 /PRNewswire/ -- Dolby Laboratories, Inc. (NYSE: DLB), a leader in immersive entertainment experiences, announced today that it has entered into a definitive agreement to acquire GE Licensing, which owns, maintains, and licenses an extensive portfolio of IP primarily targeting the consumer digital media and electronics sectors. As one of the most respected companies in the field of patent licensing and management, GE Licensing is a leading innovator with world-class patents and licensing expertise, especially with respect to pioneering video codec technology.

LXFR, FCBC, CMRE, MNSO and DLB have been added to the Zacks Rank #1 (Strong Buy) List on May 31, 2023.

SAN FRANCISCO , May 23, 2024 /PRNewswire/ -- Dolby Laboratories, Inc. (NYSE: DLB) today announced that management will present at the following investor conferences: Kevin Yeaman, President and Chief Executive Officer, will host a presentation at the William Blair Growth Stock Conference in Chicago, Illinois on Tuesday, June 4, 2024 at 10:00 AM CT (11:00 AM ET). Peter Goldmacher, Vice President, Investor Relations, will host a fireside chat at the Baird Global Consumer, Technology & Services Conference in New York, New York on Wednesday, June 5, 2024, at 10:50 AM ET.

SAN FRANCISCO , May 20, 2024 /PRNewswire/ -- Dolby Laboratories, Inc. (NYSE:DLB) today announced that Kevin Yeaman, President and Chief Executive Officer, will host a fireside chat at the J.P. Morgan Global Technology, Media and Communications Conference in Boston, Massachusetts on Tuesday, May 21, 2024, at 3:45 PM ET.

Investments in innovative solutions that enhance communications experience are likely to aid Zacks Audio Video Production industry participants like Dolby Laboratories (DLB), GoPro (GPRO) and LiveOne (LVO) in the long run.

Dolby Laboratories (DLB) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Dolby's (DLB) fiscal second-quarter performance is affected by lower revenues from the Licensing business segment.

While the top- and bottom-line numbers for Dolby Laboratories (DLB) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.