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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.
Dolby Laboratories (DLB) came out with quarterly earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.54 per share a year ago.
Shares of Dolby Laboratories Inc. DLB, -1.00% fell 4.8% after hours on Thursday after the audio and imaging technology developer forecast profit and sales for its next fiscal year that were below Wall Street's expectations. Management forecast fiscal 2024 sales of around $1.3 billion, a bit below FactSet estimates for $1.36 billion, and earnings per share of $2.30 to $2.45, below estimates for $2.89.
Get a deeper insight into the potential performance of Dolby Laboratories (DLB) for the quarter ended September 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Dolby's (DLB) fourth-quarter results are likely to benefit from the increasing adoption of Dolby Atmos, Dolby Vision and new imaging patents.
SAN FRANCISCO, Oct. 09, 2023 (GLOBE NEWSWIRE) -- Dolby Laboratories, Inc. (NYSE:DLB) will release financial results for the fourth quarter (Q4) and full year of fiscal 2023 after the close of regular trading on Thursday, November 16, 2023.