DLB Stock Recent News

Dolby's (DLB) performance benefits from the increasing adoption of Dolby Atmos, Dolby Vision and new imaging patents.

Dolby Laboratories, Inc. reported its FQ2 2023 financial results on May 4, 2023. The company licenses audio and imaging technologies for use in entertainment and related cases across many device categories. Dolby Laboratories has guided to a return to revenue growth in fiscal 2023 and sees faster-than-expected deal closings despite an uncertain macro environment.

Dolby Laboratories, Inc. (NYSE:DLB ) Q2 2023 Earnings Conference Call May 4, 2023 5:00 PM ET Company Participants Maggie O'Donnell – Head-Investor Relations Kevin Yeaman – Chief Executive Officer Robert Park – Chief Financial Officer Conference Call Participants Steven Frankel – Rosenblatt Paul Chung – JPMorgan Ralph Schackart – William Blair James Goss – Barrington Research Operator Ladies and gentlemen, thank you for standing by. Welcome to the Dolby Laboratories' Conference Call discussing fiscal second quarter results.

Dolby's (DLB) second-quarter fiscal 2023 performance benefits from revenue growth across all business segments and increased adoption of Dolby Atmos and Dolby Vision.

Dolby Laboratories (DLB) came out with quarterly earnings of $1.26 per share, beating the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $0.92 per share a year ago.

Dolby Laboratories (DLB) is benefiting from increasing demand for Dolby Atmos, Dolby Vision and new imaging patents.

Investments in technology solutions that enhance communications experience are likely to aid the Zacks Audio Video Production industry participants. However, High competition from low-priced device importers is a concern for Sony Corporation (SONY), Dolby Laboratories (DLB) and GoPro (GPRO).

Dolby's (DLB) Atmos solution is leveraged by PUBG MOBILE to provide players with a "hyper-realistic" gaming experience.

Dolby's (DLB) first-quarter performance is affected by lower shipments in PC, broadcast, consumer electronics and gaming.

Dolby Laboratories, Inc. (NYSE:DLB ) Q1 2023 Earnings Conference Call February 2, 2023 5:00 PM ET Company Participants Maggie O'Donnell - Head of Investor Relations Kevin Yeaman - Chief Executive Officer Robert Park - Chief Financial Officer Conference Call Participants Steven Frankel - Rosenblatt Paul Chung - J.P. Morgan Ralph Schackart - William Blair Jim Goss - Barrington Research Operator Ladies and gentlemen, thank you for standing by.