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Stock impact report

Dolby Laboratories Reports Second Quarter 2024 Financial Results [Yahoo! Finance]

Dolby Laboratories (DLB) 
Last dolby laboratories earnings: 1/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.dolby.com
Company Research Source: Yahoo! Finance
"Our second quarter results were in line with our expectations," said Kevin Yeaman , President and CEO, Dolby Laboratories. "Dolby Atmos and Dolby Vision content is expanding across movies, TV, sports, music and more, driving more consumer device adoption and bringing Dolby to more people worldwide." Second Quarter Fiscal 2024 Financial Highlights Total revenue was $364.5 million , compared to $375.9 million for the second quarter of fiscal 2023. GAAP net income was $97.8 million , or per diluted share, compared to GAAP net income of $95.7 million , or per diluted share, for the second quarter of fiscal 2023. On a non-GAAP basis, second quarter net income was $123.2 million , or .27 per diluted share, compared to $122.6 million , or per diluted share, for the second quarter of fiscal 2023. Dolby repurchased 294 thousand shares of its common stock and ended the quarter with approximately $107 million of stock repurchase authorization available going forward. A complete listi Show less Read more
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