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Consumer confidence is soaring on hopes of rate cuts that will allow people to spend more freely, helping stocks like Dolby Laboratories (DLB), American Woodmark (AMWD), Hooker Furnishings (HOFT), Lululemon Athletica (LULU) and Royal Caribbean Cruises (RCL).
Although the revenue and EPS for Dolby Laboratories (DLB) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Dolby's (DLB) fiscal first-quarter performance is affected by lower revenues from both Licensing, and Products and Services business segments.
Dolby Laboratories, Inc. (DLB) Q1 2024 Earnings Call Transcript
Dolby Laboratories (DLB) came out with quarterly earnings of $1.01 per share, beating the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $1.11 per share a year ago.
Dolby's (DLB) first-quarter fiscal performance is likely to have been affected by lower shipments in broadcast and consumer electronics.
SAN FRANCISCO , Jan. 8, 2024 /PRNewswire/ -- Dolby Laboratories, Inc. (NYSE:DLB) will release financial results for the first quarter (Q1) after the close of regular trading on Thursday, February 1, 2024. Members of Dolby management will lead a conference call open to all interested parties to discuss Q1 financial results for Dolby Laboratories at 2:00 p.m.
Dolby's (DLB) fiscal fourth-quarter performance benefits from increased adoption of Dolby Atmos and Dolby Vision.
While the top- and bottom-line numbers for Dolby Laboratories (DLB) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Dolby Laboratories, Inc. (NYSE:DLB ) Q4 2023 Earnings Call Transcript November 16, 2023 5:00 PM ET Company Participants Peter Goldmacher - VP of IR Kevin Yeaman - CEO Robert Park - CFO Conference Call Participants Steven Frankel - Rosenblatt Securities Ralph Schackart - William Blair James Goss - Barrington Research Operator Ladies and gentlemen, thank you for standing by, and welcome to the Dolby Laboratories Conference Call discussing Fiscal Fourth Quarter Results. During the presentation, all participants will be in a listen-only mode.