Dolby Q1 revenue $334.9M (-4.7% YoY); GAAP EPS $0.82, non-GAAP EPS $1.11; declares $0.27 dividend

Dolby Laboratories, Inc.

2023-Q1 EPS reported $0.82 revenue$334,921,000

Revenue $334.9M, down 4.7% from $351.6M YoY.
GAAP net income $79.4M ($0.82 diluted) vs $80.0M ($0.77) prior year.
Non-GAAP net income $107.4M ($1.11 diluted) vs $104.5M ($1.01) prior year.
Cash from ops $56.4M, up from $31.7M YoY.
Declared $0.27/share dividend payable Feb 22 to holders of record Feb 14.

item 2.02 item 8.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Dolby Laboratories, Inc. reported the first quarter of fiscal 2023 results: revenue $334.9 million, net income $79.4 million, EPS $0.82.

Period: the first quarter of fiscal 2023
Revenue: $334.9 million
Net income: $79.4 million
EPS: $0.82
Result: reported results

Exact text from the filing

Total revenue was $334.9 million, compared to $351.6 million for the first quarter of fiscal 2022. GAAP net income was $79.4 million, or $0.82 per diluted share, compared to GAAP net income of $80.0 million, or $0.77 per diluted share, for the first quarter of fiscal 2022.

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Source: SEC EDGAR

accession 0001171843-23-000636

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