secwatch.observer — SEC 8-K summary
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Issuer:     Dolby Laboratories, Inc. (DLB)
CIK:        0001308547
Form:       8-K
Filed at:   2024-11-19T23:59:59+00:00
Accession:  0001193125-24-261743
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.02, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dolby Q4 revenue $305M, GAAP EPS $0.61, non-GAAP $0.81; new $250M revolver
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- Q4 revenue $305M (up 5% YoY); GAAP net income $59M ($0.61) vs $9M ($0.09) YoY; non-GAAP net income $78M ($0.81) vs $64M ($0.65).
- FY2024 revenue $1.27B (down 2% YoY); GAAP net income $262M ($2.69); non-GAAP $369M ($3.79); operating cash flow $327M.
- Closed GE Licensing acquisition for imaging patents; expects accretive to non-GAAP margins and earnings in FY2025.
- Entered $250M unsecured revolving credit facility (Bank of America), undrawn, five-year term; includes $150M incremental capacity.
- Declared $0.33 per share cash dividend payable Dec 10, 2024 to holders of record Dec 3, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1308547/000119312524261743/0001193125-24-261743-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1308547/000119312524261743/d653097d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-261743

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