earnings
confidence high
sentiment positive
materiality 0.65
Dolby Q3 revenue $288.8M (-3% YoY); GAAP EPS $0.40, non-GAAP $0.71, both up
Dolby Laboratories, Inc.
2024-Q3 EPS reported
$2.09
revenue$968,915,000
- Total revenue $288.8M vs $298.4M in Q3 FY2023; GAAP net income $38.4M ($0.40 diluted) vs $16.4M ($0.17) YoY.
- Non-GAAP net income $68.8M ($0.71 diluted) vs $54.1M ($0.55) in prior year.
- Board approved $350M increase in share repurchase authorization, total available now ~$422M.
- Declared $0.30/share dividend payable Aug 27 to holders of record Aug 19.
- Dolby Atmos/Vision integrated in multiple new auto models, smartphones, and 2024 Olympic coverage.