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Dolby Laboratories, Inc. - DLB STOCK NEWS

Welcome to our dedicated page for Dolby Laboratories news (Ticker: DLB), a resource for investors and traders seeking the latest updates and insights on Dolby Laboratories stock.

Dolby Laboratories, Inc. (NYSE:DLB), founded in 1965 and headquartered in San Francisco, is a global leader in audio, video, and voice technologies. The company revolutionizes entertainment and communications with its innovative products, including Dolby Atmos, Dolby Vision, Dolby Cinema, and Dolby.io. Through its partnerships with artists, storytellers, developers, and businesses, Dolby transforms the science of sight and sound into spectacular experiences enjoyed by billions worldwide.

Dolby's Core Business involves developing and licensing cutting-edge technology for cinema, broadcast, home audio systems, in-car entertainment, DVD players, games, televisions, and personal computers. About 75% of its revenue is generated from licensing its technology to consumer electronics manufacturers globally, while the remainder comes from equipment sales to professional producers and audio engineering services.

Under the leadership of its founder, Ray Dolby, the company has always been committed to enhancing the listening and viewing experience. Dolby's innovative spirit is evident in its continued efforts to improve the quality and accessibility of its technologies. Recent achievements include the announcement of Dolby Atmos FlexConnect, collaborations with automotive giants like Mercedes-Benz and Lotus, and the integration of Dolby Vision and Dolby Atmos in new gaming monitors from leading brands such as Alienware and ASUS.

Financially, Dolby has shown resilience and growth potential, as highlighted in their Q4 and full-year fiscal 2023 results. With a solid financial outlook, Dolby remains confident in its long-term growth opportunities across various sectors, including TVs, mobile, and automotive. Dolby also continues to return capital to stockholders through quarterly dividends and stock repurchases.

Dolby's acquisition of GE Licensing further expands its intellectual property portfolio, particularly in video codec technology, enhancing its position in the market. This strategic move is expected to be accretive on a non-GAAP basis to operating margins and EPS in fiscal 2025.

For the latest updates, Dolby's forward-looking statements and financial results can be accessed through their investor relations website, ensuring transparency and communication with investors.

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Dolby Laboratories (NYSE: DLB) announced it will release its Q3 Fiscal 2024 financial results on August 7, 2024, after regular trading hours. The company will also host a conference call on the same day at 2:00 p.m. PT (5:00 p.m. ET) to discuss the results. Interested parties can join the call via the Dolby investor relations website or by dialing 1-888-210-2212 (1-646-960-0390 for international callers) with confirmation code 5587811. A replay will be available from August 7, 2024, 5:00 p.m. PT to August 14, 2024, 8:59 p.m. PT by dialing 1-800-770-2030 (1-647-362-9199 for international callers) with the same confirmation code. The teleconference will also be archived on Dolby's investor relations website.

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Dolby Laboratories (NYSE: DLB) announced an agreement to acquire GE Licensing from GE Aerospace for $429 million in cash. The acquisition, which includes over 5,000 patents in video codec technology, aims to strengthen Dolby’s licensing business and foster future growth. GE Aerospace will retain its aerospace and defense IP portfolio. The transaction is expected to close by the end of fiscal 2024, subject to regulatory approval, and is anticipated to be accretive to Dolby’s operating margins and EPS in fiscal 2025. This deal will not impact Dolby's dividend or stock repurchase practices.

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VIZIO (NYSE: VZIO) and Dolby Laboratories (NYSE: DLB) have announced the integration of Dolby Atmos across VIZIO's entire 2024 soundbar lineup. This collaboration aims to provide immersive audio experiences at affordable prices, with soundbars starting at $99. The soundbars are available at major retailers including Best Buy, Amazon, Walmart, and Sam's Club. This initiative makes VIZIO one of the first manufacturers to offer Dolby Atmos in all its soundbars, enhancing the audio experience for movies, music, games, and sports. The partnership continues a long-standing relationship between VIZIO and Dolby, aimed at making high-quality sound and visual experiences accessible to a wider audience.

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Dolby Laboratories (NYSE: DLB) announced that its management will present at two upcoming investor conferences. CEO Kevin Yeaman will present at the William Blair Growth Stock Conference in Chicago on June 4, 2024, at 10:00 AM CT (11:00 AM ET). In addition, Peter Goldmacher, VP of Investor Relations, will participate in a fireside chat at the Baird Global Consumer, Technology & Services Conference in New York on June 5, 2024, at 10:50 AM ET. Both events will be available via live webcast and replay at the Dolby investor relations website.

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Dolby Laboratories (NYSE:DLB) announced that President and CEO Kevin Yeaman will host a fireside chat at the J.P. Morgan Global Technology, Media and Communications Conference. The event will take place in Boston, Massachusetts on May 21, 2024, at 3:45 PM ET. Investors and interested parties can access a live webcast and replay of the event on Dolby's investor relations website.

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Dolby Laboratories, Inc. reported its second-quarter fiscal 2024 financial results, with total revenue at $364.5 million and GAAP net income at $97.8 million. The company highlighted the expansion of Dolby Atmos and Dolby Vision content across various entertainment platforms and consumer devices. Recent business highlights include partnerships with Max, Transsion, Xiaomi, Oppo, Honor, Lava Mobiles, and Hyundai. Dolby also announced a cash dividend of $0.30 per share and provided a financial outlook with a focus on royalty-based revenue and factors impacting consumer demand.

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Dolby Laboratories, Inc. teams up with Anyma to celebrate the transformative experience of Dolby Atmos Music through the song 'Eternity' from Anyma's latest album Genesys II. Fans can now enjoy the immersive odysseys of the music in Dolby Atmos on Apple Music. Anyma's creative vision, combined with Dolby Atmos technology, offers fans a deeper emotional connection to the music, enhancing the overall listening experience.
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Dolby Laboratories, Inc. (DLB) will release Q2 financial results on May 2, 2024, followed by a conference call. Access details for the call and replay are provided for interested parties.
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Dolby Laboratories, Inc. (DLB) expands Dolby Cinema experience globally, offering Dolby Vision and Dolby Atmos premium moviegoing experience to more theaters. The new solution allows exhibitors to deliver immersive sight and sound experiences to audiences worldwide, enhancing the movie-viewing experience.
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Dolby Laboratories, Inc. launches a new chapter of the 'Love More in Dolby' global brand campaign, highlighting the immersive experience of watching movies in Dolby Vision and Dolby Atmos at Dolby Cinema. The campaign aims to enhance the emotional connection to stories and offers fans a lifelike experience. The commercial, directed by Colin Tilley, showcases the transformative power of Dolby Cinema, inviting movie lovers to step into a world of ultravivid colors and immersive sound. Additionally, Dolby offers a digital fan experience and a sweepstakes for various prizes, enhancing audience engagement and excitement.
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FAQ

What is the primary business of Dolby Laboratories?

Dolby Laboratories develops and licenses audio, video, and voice technologies for cinema, broadcast, home audio systems, in-car entertainment, DVD players, games, televisions, and personal computers.

What percentage of Dolby's revenue comes from licensing?

Approximately 75% of Dolby's revenue is generated from licensing its technology to consumer electronics manufacturers around the world.

Who founded Dolby Laboratories?

Dolby Laboratories was founded by Ray Dolby, a visionary scientist and inventor, in 1965.

What are some of Dolby's recent achievements?

Recent achievements include the announcement of Dolby Atmos FlexConnect, collaborations with Mercedes-Benz and Lotus, and the integration of Dolby Vision and Dolby Atmos in gaming monitors from Alienware and ASUS.

Where is Dolby Laboratories headquartered?

Dolby Laboratories is headquartered in San Francisco, California.

What is Dolby's financial outlook for the future?

Dolby remains confident in its long-term growth opportunities across TVs, mobile, and automotive sectors, with plans to continue returning capital to stockholders through dividends and stock repurchases.

What is Dolby's latest acquisition?

Dolby recently announced the acquisition of GE Licensing, which will expand Dolby's intellectual property portfolio in video codec technology.

How does Dolby engage with its stockholders?

Dolby maintains transparency and communication with its investors through its investor relations website, where financial results and forward-looking statements are regularly updated.

What are some of Dolby's key products?

Key products from Dolby include Dolby Atmos, Dolby Vision, Dolby Cinema, and Dolby.io.

How does Dolby contribute to the entertainment industry?

Dolby partners with artists, storytellers, developers, and businesses to transform the science of sight and sound, enhancing the entertainment experience for billions of people worldwide.

Dolby Laboratories, Inc.

NYSE:DLB

DLB Rankings

DLB Stock Data

7.65B
59.75M
1.47%
95.01%
1.32%
Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing
Manufacturing
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United States of America
SAN FRANCISCO