Dolby Laboratories Inc - DLB STOCK NEWS

Dolby Laboratories (NYSE: DLB) has scheduled its Q2 fiscal 2025 financial results announcement for Thursday, May 1, 2025, after regular trading hours. The company will host a conference call at 2:00 p.m. PT (5:00 p.m. ET) on the same day to discuss the quarterly results.

Interested parties can access the teleconference through the company's investor relations website or by calling specific dial-in numbers. A replay of the call will be available from 5:00 p.m. PT on May 1 until 8:59 p.m. PT on May 8, 2025, both via phone and the company's investor website.

Dolby Laboratories (NYSE: DLB) and AMC Entertainment have announced a major expansion of their partnership, with plans to add 40 new Dolby Cinema at AMC locations in the United States by the end of 2027. This expansion represents a nearly 25% increase, bringing the total number to over 200 locations.

The partnership enhancement includes AMC selecting Dolby Vision as its HDR offering of choice, complementing the Dolby Atmos immersive sound system. This development follows Dolby Cinema's strongest box office performance in 2024, surpassing their record-setting 2023 results.

The expansion comes amid growing premium moviegoing demand, with over 725 theatrical features released or confirmed in Dolby Vision and Dolby Atmos to date. Notably, 49 of the top 50 titles from the past five years were shown in Dolby Cinema, demonstrating strong market penetration.

Dolby Laboratories (NYSE: DLB) and General Motors (NYSE: GM) have announced a significant partnership to integrate Dolby Atmos across Cadillac's entire 2026 electric vehicle lineup. The feature will be available in models including the ESCALADE IQL, ESCALADE IQ, LYRIQ-V, OPTIQ, and VISTIQ. Select 2025 models will receive this capability through over-the-air updates.

The partnership comes amid increasing consumer demand for premium audio experiences, with nearly 90% of music streaming subscribers considering enhanced audio quality a 'must-have' feature. The technology is widely available, with 93% of Billboard's 2024 Top 100 Artists releasing music in Dolby Atmos format.

This strategic move aligns with current driving trends, as U.S. drivers collectively cover over 3 trillion miles annually, according to the Federal Highway Administration, making in-car entertainment increasingly important for consumers.

Purple Rain, the iconic 1984 rock musical drama starring Prince, is returning exclusively to Dolby Cinema for a one-night-only screening on March 5 at AMC Theatres (US) and ODEON locations (UK). The film has undergone a complete digital restoration from an 8K scan of the original 35mm negative, specifically enhanced for Dolby Vision, while the audio has been remastered in Dolby Atmos from the original Dolby Stereo tracks.

The restoration process combines the original Dolby Stereo tracks with the 20th anniversary's 5.1 multi-channel mix master to create an immersive audio experience. The film, which features Prince as The Kid and includes his original compositions, previously won an Academy Award for Best Original Song Score and a Grammy Award for Best Album of Original Score Written for a Motion Picture.

Comcast (NASDAQ: CMCSA) and Dolby have announced a groundbreaking partnership to deliver Super Bowl LIX on FOX in both Dolby Vision and Dolby Atmos for the first time ever. This enhanced viewing experience will be available to Xfinity TV customers through Comcast's new Enhanced 4K offering on X1.

The service will provide customers with superior picture and audio quality, featuring ultra-low latency that ensures viewers experience the action just seconds behind the live game in New Orleans. The Enhanced 4K service will be accessible through the Xfinity Stream app on compatible Dolby-enabled devices and TVs.

This innovation builds upon Comcast's existing features, including multiview capabilities, aggregated sports hubs, and Odds Zone for sports betting integration. The Enhanced 4K standard was first introduced for The Paris Olympics 2024 and represents Comcast's commitment to delivering premium sports viewing experiences.

Dolby Laboratories (NYSE:DLB) reported strong Q1 FY2025 financial results with total revenue of $357 million, up from $316 million in Q1 FY2024. GAAP net income reached $68 million ($0.70 per diluted share), while non-GAAP net income was $111 million ($1.14 per diluted share).

The company demonstrated significant momentum with Dolby Atmos and Dolby Vision across various device categories. At CES, multiple partners announced new products incorporating Dolby technologies, including soundbars from Harmon Kardon, Samsung, and Amazon, TVs from various manufacturers, and automotive applications. The company also reported strong presence in the entertainment industry, with over 80% of domestic box office and 70% of global box office featuring Dolby technologies in 2024.

Dolby repurchased 186,000 shares for approximately $15 million and declared a cash dividend of $0.33 per share, payable on February 19, 2025.

Dolby Laboratories (NYSE: DLB) has scheduled its Q1 fiscal 2025 financial results announcement for Wednesday, January 29, 2025, after regular trading hours. The company will host a conference call at 2:00 p.m. PT (5:00 p.m. ET) on the same day to discuss the results.

Interested parties can access the teleconference through the company's investor relations website or by calling 1-888-210-2212 (domestic) or +1-646-960-0390 (international) using confirmation code 5587811. A replay will be available from 5:00 p.m. PT on January 29 until 8:59 p.m. PT on February 5, 2025, accessible via 1-800-770-2030 (domestic) or +1-647-362-9199 (international).

Dolby Laboratories showcased its automotive innovations at CES 2025, highlighting significant expansion in Dolby Atmos adoption and introducing Dolby Vision for cars. The company has doubled its auto manufacturer partnerships to over 20 companies, including major brands like Cadillac, Mercedes-Benz, and Volvo Cars.

The 2025 Cadillac OPTIQ will feature Dolby Atmos as standard with a 19-speaker AKG audio system. Pioneer demonstrated the first aftermarket Dolby Atmos solution using a 4-channel speaker system. The company also announced that 93% of Billboard's 2024 Top 100 Artists have released music in Dolby Atmos.

In a significant development, Dolby unveiled the world's first car supporting both Dolby Vision and Dolby Atmos in Li Auto's Li MEGA. Additionally, Samsung Display formed a strategic partnership with Dolby to integrate Dolby Vision into their OLED displays for automotive applications.

Dolby Laboratories (NYSE:DLB) reported Q4 2024 financial results with total revenue of $305 million, up from $291 million in Q4 2023. GAAP net income reached $59 million ($0.61 per share), compared to $9 million ($0.09 per share) in Q4 2023. For fiscal year 2024, total revenue was $1.27 billion versus $1.30 billion in 2023, with GAAP net income of $262 million ($2.69 per share).

The company completed the acquisition of GE Licensing and THEO Technologies, expanded automotive partnerships for Dolby Atmos to over 20 OEMs, and secured new implementations across various devices including Meta Quest, iPhone 16, and Xiaomi TVs. Dolby also announced a $0.33 per share dividend and established a new $250 million revolving credit facility.