---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-004979"
form_type: "8-K"
ticker: "DLB"
cik: "0001308547"
company_name: "Dolby Laboratories, Inc."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T07:25:39.396186+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Dolby Q3 revenue up 3% to $298.4M; GAAP EPS $0.17, non-GAAP EPS $0.55; dividend $0.27

## Summary
- Revenue $298.4M (+3% YoY); GAAP net income $16.4M ($0.17 EPS) vs $39.6M ($0.39 EPS) prior year.
- Non-GAAP net income $54.1M ($0.55 EPS) vs $68.7M ($0.68 EPS); cash from ops $121.1M, down from $172.6M.
- Repurchased 0.3M shares; $237M buyback authorization remaining at quarter end.
- Declared $0.27/share cash dividend, payable Aug 22 record Aug 14.
- Max, Sony PS5, NIO, Lotus adopted Dolby Atmos/Vision; Dolby Atmos Music on WYNK India.

## SEC filing metadata
- accession: 0001171843-23-004979
- form_type: 8-K
- ticker: DLB
- cik: 0001308547
- company_name: Dolby Laboratories, Inc.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1308547/000117184323004979/0001171843-23-004979-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1308547/000117184323004979/f8k_080323.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-004979
- JSON: https://secwatch.observer/filing/0001171843-23-004979.json
- Plain text: https://secwatch.observer/filing/0001171843-23-004979.txt

## Key facts
- Earnings Releases
  Dolby Laboratories, Inc. reported third quarter of fiscal 2023 results: revenue $298.4 million, net income $16.4 million, or $0.17 per diluted share, EPS $0.17 per diluted share.
  - Period: third quarter of fiscal 2023
  - Revenue: $298.4 million
  - Net income: $16.4 million, or $0.17 per diluted share
  - EPS: $0.17 per diluted share
  - Result: reported results
  source text: Total revenue was $298.4 million, compared to $289.6 million for the third quarter of fiscal 2022. GAAP net income was $16.4 million, or $0.17 per diluted share, compared to GAAP net income of $39.6 million, or $0.39 per diluted share, for the third quarter of fiscal 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1308547/000117184323004979/0001171843-23-004979-index.htm

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