secwatch.observer — SEC 8-K summary
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Issuer:     Dolby Laboratories, Inc. (DLB)
CIK:        0001308547
Form:       8-K
Filed at:   2021-07-29T23:59:59+00:00
Accession:  0001171843-21-005292
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1308547/000117184321005292/0001171843-21-005292-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1308547/000117184321005292/f8k_072821.htm
  HTML page:      https://secwatch.observer/filing/0001171843-21-005292

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer