---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-21-005292"
form_type: "8-K"
ticker: "DLB"
cik: "0001308547"
company_name: "Dolby Laboratories, Inc."
filed_at: "2021-07-29T23:59:59+00:00"
generated_at: "2026-06-30T00:50:43.653490+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Dolby Q3 FY2021 revenue $286.8M (+16% YoY) but GAAP EPS down to $0.52 from $0.66

## Summary
- 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.

## SEC filing metadata
- accession: 0001171843-21-005292
- form_type: 8-K
- ticker: DLB
- cik: 0001308547
- company_name: Dolby Laboratories, Inc.
- filed_at: 2021-07-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1308547/000117184321005292/0001171843-21-005292-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1308547/000117184321005292/f8k_072821.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-21-005292
- JSON: https://secwatch.observer/filing/0001171843-21-005292.json
- Plain text: https://secwatch.observer/filing/0001171843-21-005292.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.