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) drives innovation in immersive audio, visual, and cloud streaming technologies that shape global entertainment experiences. This page consolidates official announcements, financial updates, and strategic developments directly from Dolby and verified sources.
Access timely updates on product launches like Dolby Atmos and Dolby Vision, earnings reports, licensing agreements, and technology partnerships. Investors will find quarterly financial disclosures, while industry professionals can track advancements in cinema sound systems, broadcast solutions, and cloud-based streaming integrations.
Our curated news collection ensures you stay informed about Dolby’s strategic acquisitions, including its expansion into video compression and interactive media technologies. Content is rigorously verified to provide accurate insights into the company’s market positioning and technological leadership.
Bookmark this page for streamlined access to Dolby’s evolving role in redefining entertainment standards worldwide. Check back regularly for objective updates that matter to stakeholders across industries.
Dolby Laboratories announced the retirement of Lewis Chew, Executive Vice President and Chief Financial Officer, later this year after over 30 years of financial leadership. Chew has been CFO since 2012, playing a key role in strengthening the company's financial position and supporting business model innovations. Dolby is commencing a global search for his successor, while Chew will assist in the transition. The CEO, Kevin Yeaman, expressed gratitude for Chew's contributions and confidence in Dolby’s future.
Dolby Laboratories reported Q2 fiscal 2021 results with total revenue of $319.6 million, down from $351.8 million in Q2 2020. GAAP net income decreased to $76.2 million ($0.73 per share) from $88.5 million ($0.86 per share) year-over-year. Non-GAAP net income also fell to $94.8 million ($0.91 per share) compared to $106.6 million ($1.04 per share). Cash flows from operations rose to $83.5 million compared to $65.7 million in Q2 2020. Dolby declared a cash dividend of $0.22 per share, payable May 25, 2021. The company continues to face challenges due to COVID-19 impacts on revenue.
Dolby Laboratories (NYSE:DLB) has announced a new integration with Box (NYSE:BOX) that enables users worldwide to access automated audio enhancement tools. This partnership leverages Dolby's technology to simplify the process of producing high-quality audio by merely uploading files to Box. With over 50% growth in audio file usage on Box in the last 18 months, the demand for premium audio content continues to rise. Dolby.io's Media Processing APIs facilitate easy audio quality enhancements such as noise reduction and improved speech intelligibility, helping content creators deliver professional-grade audio.
Dolby Laboratories (NYSE: DLB) will announce its Q2 fiscal 2021 financial results on May 4, 2021, after market close. A conference call will follow at 2:00 PM PT (5:00 PM ET) for discussion of the results. Investors can access the call online or via phone. A replay will be available until May 11, 2021. Dolby, based in San Francisco, is renowned for enhancing entertainment through innovations like Dolby Atmos and Dolby Vision.
Dolby Laboratories (NYSE: DLB) has appointed Emily Rollins to its Board of Directors and the Audit Committee, effective February 24, 2021. Rollins, a former Audit and Assurance Partner at Deloitte & Touche LLP, brings over 28 years of experience, particularly in serving technology and media companies. Her leadership at Deloitte focused on audit innovation and diversity initiatives. Dolby Chairman Peter Gotcher expressed enthusiasm for Rollins’s financial expertise, which is expected to strengthen the board’s effectiveness.
Dolby Laboratories (NYSE: DLB) announced that Lewis Chew, CFO, will present at the Morgan Stanley 2021 Technology, Media, and Telecom Conference on March 4, 2021, at 5:00 p.m. ET. This virtual event offers investors insights into the company's strategies and advancements in technology. A live webcast will be available for those interested. Dolby is renowned for enhancing entertainment experiences through innovations like Dolby Atmos and Dolby Vision.
Dolby Laboratories (NYSE:DLB) reported strong financial results for Q1 FY2021, with total revenue reaching $389.9 million, a significant increase from $291.9 million in Q1 FY2020. The company's net income soared to $135.2 million or $1.30 per diluted share, compared to $48.8 million or $0.47 per diluted share in the previous year. Non-GAAP net income was $153.3 million or $1.48 per diluted share. Dolby declared a cash dividend of $0.22 per share, payable on February 19, 2021. However, COVID-19 continues to pose uncertainties impacting future performance.
Dolby Laboratories (NYSE: DLB) will announce its fiscal Q1 2021 financial results on January 28, 2021, after market close. The management will host a conference call at 2:00 p.m. PT to discuss the results, which is accessible via the Internet and phone. A replay will be available for a week after the call. Dolby, known for its innovations in audio and visual technologies, continues to engage with creators and businesses worldwide. For more details, visit Dolby's investor relations site.
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