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SAN FRANCISCO, Jan. 12, 2023 (GLOBE NEWSWIRE) -- Dolby Laboratories, Inc. (NYSE:DLB) will release financial results for the first quarter (Q1) of fiscal 2023 after the close of regular trading on Thursday, February 2, 2023.
I've reviewed Dolby Labs a few times in the past. Unfortunately, I've mostly concluded that the company trades at too high of a premium to be worth the investment. Looking at my latest article and the subsequent performance, I would not call this a wrong rating. The company, while outperforming the 0% of the market, has done so 2%.
Dolby's (DLB) fiscal fourth-quarter performance is affected by lower shipments in PC, broadcast, consumer electronics and gaming.
Dolby Laboratories, Inc. (NYSE:DLB ) Q4 2022 Earnings Conference Call November 17, 2022 5:00 PM ET Company Participants Ashley Schwenoha - Senior Manager, IR Maggie O'Donnell - Head, IR Kevin Yeaman - President and CEO Robert Park - SVP and CFO Conference Call Participants Ralph Schackart - William Blair Steven Frankel - Rosenthal Paul Chung - JPMorgan Jim Goss - Barrington Research Operator Ladies and gentlemen, thank you for standing by. Welcome to the Dolby Laboratories' Conference Call discussing Fiscal Fourth Quarter Results.
Dolby Laboratories (DLB) delivered earnings and revenue surprises of -22.86% and 8.36%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Dolby Labs Inc. DLB, -0.53% shares fell more than 8% in the extended session Thursday after the audio company reported fiscal fourth-quarter earnings and sales below expectations, and guided for lower earnings in the current quarter. Dolby earned $27.8 million, or 28 cents a share, compared with $44.2 million, or 42 cents a share, in the year-ago period.
Dolby Laboratories' (DLB) fourth-quarter performance is likely to have benefited from Dolby Atmos and Dolby Vision. However, inflation and global macroeconomic weakness might have acted as dampeners.
SAN FRANCISCO, Oct. 20, 2022 (GLOBE NEWSWIRE) -- Dolby Laboratories, Inc. (NYSE:DLB) will release financial results for the fourth quarter (Q4) of fiscal 2022 after the close of regular trading on Thursday, November 17, 2022.
Dolby Laboratories (DLB) reported earnings 30 days ago. What's next for the stock?
Dolby's (DLB) third-quarter performance benefits from increased adoption of Dolby Atmos and Dolby Vision, partly offset by lower broadcast and PC unit shipments.