Dolby Q2 FY2024 revenue $364.5M (-3% YoY); GAAP EPS $1.01, non-GAAP $1.27

Dolby Laboratories, Inc.

2024-Q2 EPS reported $1.69 revenue$680,097,000

Revenue $364.5M vs $375.9M YoY; GAAP net income $97.8M ($1.01/diluted share) vs $95.7M ($0.98) YoY.
Non-GAAP net income $123.2M ($1.27/diluted) vs $122.6M ($1.26) YoY.
Q3 FY2024 revenue guidance $270M–$300M; full-year FY2024 revenue ~$1.30B.
Q3 GAAP diluted EPS guidance $0.21–$0.36; non-GAAP $0.51–$0.66.
Declared cash dividend $0.30/share payable May 22, 2024 to holders of record May 14, 2024.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.7

Dolby Laboratories, Inc. reported third quarter of fiscal 2024 and full year of fiscal 2024 results: EPS $0.21 to $0.36 on a GAAP basis and from $0.51 to $0.66 on a non-GAAP basis for Q3; $2.30 to $2.45 on a GAAP basis and fr. Guidance reaffirmed.

Period: third quarter of fiscal 2024 and full year of fiscal 2024
EPS: $0.21 to $0.36 on a GAAP basis and from $0.51 to $0.66 on a non-GAAP basis for Q3; $2.30 to $2.45 on a GAAP basis and fr
Guidance: reaffirmed
Result: guidance update

Exact text from the filing

Total revenue is estimated to range from $270 million to $300 million.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Dolby Laboratories, Inc. reported second quarter of fiscal 2024 results: revenue $364.5 million, net income $97.8 million, EPS $1.01 per diluted share. Guidance reaffirmed.

Period: second quarter of fiscal 2024
Revenue: $364.5 million
Net income: $97.8 million
EPS: $1.01 per diluted share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

sports, music and more, driving more consumer device adoption and bringing Dolby to more people worldwide.” Second Quarter Fiscal 2024 Financial Highlights • Total revenue was $364.5 million, compared to $375.9 million for the second quarter of fiscal 2023. • GAAP net income was $97.8 million, or $1.01 per diluted share, compared to GAAP net income of $95.7 million,

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Source: SEC EDGAR

accession 0001193125-24-129380

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