---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-021860"
form_type: "8-K"
ticker: "DLB"
cik: "0001308547"
company_name: "Dolby Laboratories, Inc."
filed_at: "2024-02-01T23:59:59+00:00"
generated_at: "2026-06-06T10:44:18.482052+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Dolby Q1 revenue $315.6M, down 5.8% YoY; GAAP EPS $0.69 vs $0.82

## Summary
- Revenue $315.6M vs $334.9M YoY; GAAP net income $67.0M ($0.69 diluted EPS), non-GAAP $98.6M ($1.01).
- Declared $0.30 per share cash dividend, payable Feb 22, 2024 to holders of record Feb 13, 2024.
- Repurchased 968k shares in quarter; $132M remaining under buyback authorization.
- Business highlights: Apple CarPlay Dolby Atmos, Zeekr 007 EV, Indian streaming Dolby Vision, Ed Sheeran campaign.

## SEC filing metadata
- accession: 0001193125-24-021860
- form_type: 8-K
- ticker: DLB
- cik: 0001308547
- company_name: Dolby Laboratories, Inc.
- filed_at: 2024-02-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1308547/000119312524021860/0001193125-24-021860-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1308547/000119312524021860/d765735d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-021860
- JSON: https://secwatch.observer/filing/0001193125-24-021860.json
- Plain text: https://secwatch.observer/filing/0001193125-24-021860.txt

## Key facts
- Earnings Releases
  Dolby Laboratories, Inc. reported first quarter of fiscal 2024 results: revenue 315.6 million, net income 67.0 million, EPS 0.69.
  - Period: first quarter of fiscal 2024
  - Revenue: 315.6 million
  - Net income: 67.0 million
  - EPS: 0.69
  - Result: reported results
  source text: Total revenue was $315.6 million, compared to $334.9 million for the first quarter of fiscal 2023. • GAAP net income was $67.0 million, or $0.69 per diluted share, compared to GAAP net income of $79.4 million, or $0.82 per diluted share, for the first quarter of fiscal 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1308547/000119312524021860/0001193125-24-021860-index.htm

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