secwatch.observer — SEC 8-K summary
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Issuer:     Dolby Laboratories, Inc. (DLB)
CIK:        0001308547
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001171843-23-004979
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1308547/000117184323004979/0001171843-23-004979-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1308547/000117184323004979/f8k_080323.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-004979

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