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 reported a revenue increase of $334.4 million for Q2 FY2022, up from $319.6 million in Q2 FY2021. However, net income fell to $36.7 million ($0.36 per diluted share), compared to $76.2 million ($0.73 per diluted share) a year prior. On a non-GAAP basis, net income was $94.0 million ($0.92 per diluted share), slightly down from $94.8 million. Dolby announced a cash dividend of $0.25, payable on May 25, 2022. The company remains cautious due to COVID-19 impacts and uncertainties affecting future forecasts.
Dolby Laboratories, Inc. (NYSE:DLB) announced the appointment of Dr. Shriram Revankar as Senior Vice President of the Advanced Technology Group. With extensive experience from Adobe and Xerox, Dr. Revankar will guide Dolby's technology innovation efforts. He previously founded research labs at Adobe, focusing on data science and immersive media. This leadership transition supports Dolby's ongoing commitment to deliver cutting-edge audio and imaging technologies, enhancing the company’s product offerings and future growth.
Dolby Laboratories (NYSE:DLB) will announce its Q2 fiscal 2022 financial results on May 5, 2022, after market close. A conference call to discuss the results will occur at 1:30 PM PT (4:30 PM ET) on the same day, accessible via phone or webcast. The replay will be available post-call until May 12, 2022. Dolby is known for transforming entertainment through innovative technologies like Dolby Atmos and Dolby Vision, impacting millions worldwide.
Dolby Laboratories (NYSE: DLB) has announced that its Dolby.io Transcode API is now generally available, moving from beta. This API-driven media conversion tool assists developers and businesses in creating high-quality media workflows efficiently. It supports popular video codecs and offers features like multi-cloud storage and video optimization. Dolby aims to simplify the transcoding process, which enhances content creation for various users. The service is priced on a usage-based model and is accessible to all users from now on.
Aerosmith has announced the return of their Las Vegas residency, AEROSMITH: DEUCES ARE WILD, beginning on June 17, 2022, at Dolby Live at Park MGM. This will be the first concert in Dolby Atmos technology, providing an immersive audio experience. Tickets go on sale starting March 31, 2022, with pre-sale opportunities for fan club members and Citi cardholders. The residency features a 90-minute electrifying performance and celebrates the band's 50th anniversary.
Dolby Laboratories (NYSE: DLB) announced its acquisition of Millicast, enhancing its Dolby.io platform's capabilities for large-scale, interactive online experiences.
The acquisition allows Dolby to incorporate Millicast's ultra-low-latency video streaming, enabling events for audiences over 60,000 with minimal delay.
Dolby aims to improve real-time content streaming, making digital events feel more lifelike. This move is positioned to strengthen Dolby.io's offerings, appealing to developers and businesses seeking high-quality audiovisual experiences.
On February 3, 2022, Dolby Laboratories reported Q1 fiscal 2022 results, posting $351.6 million in revenue, down from $389.9 million in Q1 fiscal 2021. GAAP net income fell to $80.0 million ($0.77 per diluted share) from $135.2 million ($1.30 per diluted share) a year earlier. Non-GAAP net income was $104.5 million ($1.01 per diluted share), a decrease from $153.3 million ($1.48 per diluted share). Dolby announced a $0.25 dividend per share and increased its stock repurchase program by $250 million.
The outlook remains uncertain due to COVID-19 impacts.
Dolby Laboratories (NYSE: DLB) will announce its Q1 fiscal 2022 financial results on February 3, 2022, after market close. A conference call hosted by Dolby management will follow at 1:30 p.m. PT (4:30 p.m. ET) the same day, open to all interested parties. Participants can access the call through a dedicated link or by dialing in. A replay will be available shortly after the call until February 10, 2022. Dolby continues to innovate in entertainment and communications, partnering with various sectors to enhance experiences worldwide.
Dolby Laboratories (NYSE: DLB) announced the appointment of Tony Prophet to its Board of Directors, effective December 6, 2021. Prophet is recognized for his leadership in technology and diversity, having previously served as Chief Equality and Recruiting Officer at Salesforce. His extensive experience includes significant roles at Microsoft and HP. Dolby Chairman Peter Gotcher expressed excitement over Prophet's blend of leadership and commitment to equality, anticipating his contribution to future growth. Further details are available in a Current Report filed with the SEC.
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