earnings
confidence high
sentiment negative
materiality 0.80
Dolby Q3 FY2021 revenue $286.8M (+16% YoY) but GAAP EPS down to $0.52 from $0.66
Dolby Laboratories, Inc.
2021-Q3 EPS reported
$2.54
revenue$996,231,000
- Revenue $286.8M (up 16% YoY from $246.9M); GAAP net income $54.6M ($0.52 eps) vs $67.3M ($0.66) prior year.
- Non-GAAP EPS $0.71 vs $0.86 prior year; operating cash flow $172.4M vs $134.3M.
- Board increased share repurchase authorization by $350M to ~$387M; dividend $0.22/share payable Aug 19.
- Q4 FY2021 guidance: revenue $280M-$310M; GAAP EPS $0.25-$0.40; non-GAAP EPS $0.47-$0.62.
- Full year FY2021 guidance: revenue $1.28B-$1.31B; GAAP EPS $2.79-$2.94; non-GAAP EPS $3.57-$3.72.