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 develops and licenses immersive audio, imaging, accessibility and cinema technologies used in movies, television, music, sports, gaming, connected devices and theatrical exhibition. Its recurring updates center on products and brands such as Dolby Atmos, Dolby Vision, Dolby Cinema and Dolby OptiView, as well as licensing activity, cinema hardware and entertainment workflows.
Company news also covers quarterly financial results, cash dividends, non-GAAP operating measures and collaborations that extend Dolby technologies into automotive infotainment, premium large-format cinema, streaming, sports broadcasts and creative production tools.
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Dolby Laboratories (NYSE:DLB) reported its fourth quarter and fiscal year results for 2020, highlighting total revenue of $271.2 million in Q4, down from $298.8 million in Q4 2019. Full-year revenue was $1.16 billion, compared to $1.24 billion in the previous year. GAAP net income for Q4 was $26.8 million ($0.26 per share), down from $43.9 million in Q4 2019. Outlook remains uncertain due to COVID-19, affecting royalties and operational results. A cash dividend of $0.22 per share has been declared.
Dolby Laboratories (NYSE: DLB) will release its Q4 fiscal 2020 financial results on November 12, 2020, after market close. A conference call hosted by Dolby management will follow at 2:00 PM PT (5:00 PM ET) to discuss these results. The call can be accessed via the internet or by phone, with replays available until November 19, 2020. Dolby, based in San Francisco, is a leader in sound and visual technology, enhancing experiences in cinema and home entertainment.
Dolby Laboratories reported third-quarter fiscal 2020 revenue of $246.9 million, down from $302.2 million in Q3 2019. Despite this, GAAP net income rose to $67.3 million ($0.66 per share) compared to $39.6 million ($0.38 per share) the previous year. Non-GAAP net income increased to $87.5 million ($0.86 per share) from $79.3 million ($0.76 per share). Cash flow from operations improved to $134.3 million. Dolby announced a cash dividend of $0.22 per share, payable August 26, 2020. Their future outlook remains uncertain amid COVID-19 impacts.
Dolby Laboratories (NYSE: DLB) will announce its Q3 fiscal 2020 financial results on August 3, 2020, post-market close. Management will host a conference call at 2:00 PM PT (5:00 PM ET) to discuss these results. Access to the call is available via phone or online. A replay will be accessible from 5:00 PM PT on August 3 until 8:59 PM PT on August 10, 2020. Dolby, based in San Francisco, specializes in transforming sound and vision experiences through technology.
Dolby Laboratories (NYSE: DLB) announced that President and CEO Kevin Yeaman will present at the William Blair 40th Annual Growth Stock Conference on June 10, 2020, at 10:40 a.m. CDT. The event will be conducted virtually, and a live webcast along with a replay will be available at http://investor.dolby.com.
Dolby, based in San Francisco, is renowned for transforming sound and visual experiences through innovative technologies. Their products serve a wide range of consumers and industries worldwide.
Dolby Laboratories (NYSE: DLB) announced that Lewis Chew, the Executive Vice President and CFO, will present at the Baird 2020 Global Consumer, Technology, and Services Conference on June 2, 2020, at 3:45 p.m. EST. This event will be held virtually, allowing for accessibility to a broader audience. A live webcast of the presentation along with a replay will be available on their website. Dolby, recognized for its innovation in sound and visual technologies, continues to engage with investors and stakeholders.
Dolby Laboratories (NYSE:DLB) reported Q2 fiscal 2020 revenue of $351.8 million, up from $338.3 million in Q2 fiscal 2019. GAAP net income was $88.5 million ($0.86/share), compared to $73.4 million ($0.70/share) last year. Non-GAAP net income reached $106.6 million ($1.04/share), slightly down from $109.0 million. Cash flows from operations increased to $65.7 million. The company announced a $0.22/share dividend, payable May 27. Due to COVID-19, Dolby withdrew its full-year outlook and cautioned about potential impacts on future performance.
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