Dolby Q4 revenue $290.6M; GAAP EPS $0.09 vs $0.28 YoY on $30M restructuring; non-GAAP EPS $0.65

Dolby Laboratories, Inc.

2023-FY EPS reported $2.05 revenue$1,299,744,000

Revenue $290.6M (+4.5% YoY); GAAP net income $9.2M ($0.09) vs $27.8M ($0.28) YoY, including ~$30M restructuring charge.
Non-GAAP net income $63.9M ($0.65) vs $52.8M ($0.54) YoY; full-year non-GAAP EPS $3.56, up from $3.14.
Cash from operations $85M in Q4, $367.1M FY; cash & investments $982.3M; repurchased 0.3M shares.
Declared $0.30/share dividend payable Dec 5, 2023, record Nov 28, 2023.
Business highlights: Apple iPhone 15 Pro/Max with Dolby Vision/Atmos; Yangwang U8; Polytron TVs; Honor smartphones.

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Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Dolby Laboratories, Inc. reported financial results for its fiscal quarter and fiscal year ended September 29, 2023.

Period: its fiscal quarter and fiscal year ended September 29, 2023
Result: reported results

Exact text from the filing

On November 16, 2023, Dolby Laboratories, Inc. (the “Company”) issued a press release announcing its financial results for its fiscal quarter and fiscal year ended September 29, 2023.

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Dolby Laboratories, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-278816

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