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) is frequently in the news for developments in immersive entertainment technologies and their adoption across cinema, streaming, home, automotive, and live events. The company’s announcements highlight how Dolby Atmos, Dolby Vision, Dolby Cinema, Dolby OptiView, and related technologies are used by partners to deliver audio and video experiences across movies, TV, music, sports, and gaming.
News about Dolby often covers technology launches and upgrades, such as the introduction of Dolby Vision 2 and the expansion of Dolby Atmos FlexConnect into new home audio products and televisions. Releases also describe how Dolby’s imaging patents and patent pools support content streamers and device makers, and how new cinema offerings like Dolby Vision+Atmos auditoriums are adopted by exhibitors.
Another major theme in Dolby news is partnerships and integrations with streaming platforms, television and device manufacturers, automotive brands, retailers, and event organizers. Examples in recent communications include streaming services extending Dolby Vision and Dolby Atmos across live sports, automakers integrating Dolby Atmos and Dolby Vision into vehicles, and retailers hosting Dolby Home Experience spaces where shoppers can experience Dolby Vision and Dolby Atmos in home-like environments.
Investors and followers of DLB can also expect financial and corporate updates in the news feed, including quarterly and annual financial results, dividend declarations, executive bonus plan approvals, and information about investor events and conference calls. Dolby’s releases provide context on the performance of its licensing and cinema-related businesses, as well as commentary on the adoption of its technologies across different ecosystems.
For anyone tracking Dolby Laboratories, this news page offers a centralized view of how the company’s technologies are being adopted, how its partnerships evolve, and how its financial and strategic priorities are communicated over time.
Dolby Laboratories (NYSE:DLB) announced that Lewis Chew, Executive Vice President and CFO, will speak at the 49th Annual J.P. Morgan Technology, Media, and Communications Conference. The event is set for May 24, 2021, at 3:30 p.m. ET (12:30 p.m. PT). A live webcast and replay will be accessible on their investor website.
Founded in San Francisco, Dolby transforms entertainment experiences through technologies like Dolby Atmos and Dolby Vision. The company collaborates with various industries to enhance sound and visual quality across media.
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.
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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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