The Zacks Audio Video Production industry participants are concentrating on the premium segment of the branded products market for business growth. Sony Group Corporation (SONY) , Dolby Laboratories (DLB) and GoPro (GPRO) are likely to benefit from investments in cutting-edge technology solutions that create better communication experiences. The players also stand to gain as they increase focus on direct-to-customer sales channels. Rapid technological advances like 4K, 8K, and immersive audio formats are bo ...

Core Viewpoint - Dolby Laboratories, Inc. will announce its financial results for Q1 fiscal year 2025 on January 29, 2025, after market close [1] Group 1: Financial Results Announcement - The financial results for Q1 fiscal year 2025 will be released after the close of regular trading on January 29, 2025 [1] - A conference call will be held at 2:00 p.m. PT (5:00 p.m. ET) on the same day to discuss the financial results [1] Group 2: Teleconference Access - Access to the teleconference can be obtained via the investor relations website or by dialing the provided phone numbers [2] - A replay of the call will be available from 5:00 p.m. PT on January 29, 2025, until 8:59 p.m. PT on February 5, 2025 [3] Group 3: Company Overview - Dolby Laboratories is based in San Francisco and operates globally, focusing on enhancing entertainment experiences through technology [4] - The company collaborates with various stakeholders to innovate in the fields of movies, music, and gaming using its proprietary technologies [4]

Dolby will spotlight its latest innovations in automotive, including an exclusive first look at the latest vehicles to support Dolby Atmos and the world's first car to support Dolby Vision along with Dolby AtmosLAS VEGAS, Jan. 7, 2025 /PRNewswire/ -- Dolby Laboratories, a leader in immersive entertainment experiences, today kicked off the start of the 2025 Consumer Electronics Show (CES) with an exhibition of its latest innovations in automotive. Throughout CES, Dolby will showcase its momentum in automotiv ...

Dolby Laboratories, Inc. (DLB) stock has gained 11% in the past month outperforming the S&P 500 composite’s growth 3%.Image Source: Zacks Investment ResearchSan Francisco, CA-based Dolby develops audio and imaging technologies that revolutionize entertainment for user-generated content, TV shows, films, music and gaming.Strengthening top-line performance and emerging new business opportunities are aiding the stock’s trajectory. DLB outpaced estimates in each of the trailing four quarters, with the average s ...

Core Insights - Dolby Laboratories, Inc. reported its fourth quarter and full-year results for fiscal 2024, leading to a stock price increase of over 15% following the announcement [1] Financial Performance - The company has shown significant improvement in its financial results, contributing to the positive market reaction [1]

Shares of audio-meister Dolby Laboratories (DLB 12.96%) stock surged 10.1% through 10:15 a.m. ET Wednesday after reporting strong earnings last night.Expected to earn only $0.70 per share non-GAAP (generally accepted accounting principles), Dolby surprised Wall Street analysts with a quarterly profit of $0.81. Sales fell slightly short of estimates, coming in at $305 million. Dolby's Q4 earningsCEO Kevin Yeaman pronounced himself pleased with the quarter's results. Although Dolby missed on sales, its Q4 num ...

Core Insights - Dolby Laboratories, Inc. reported a non-GAAP EPS of 81 cents for Q4 fiscal 2024, an increase from 65 cents in the prior-year quarter, surpassing the Zacks Consensus Estimate of 68 cents, driven by lower tax rates and higher gross margins [1][2] - Total revenues reached $304.8 million, up from $290.6 million year-over-year, although this figure missed the Zacks Consensus Estimate by 0.3% [2] Financial Performance - Gross profit for Q4 was $270.8 million, compared to $255 million in the same quarter last year, while total operating expenses decreased to $224.5 million from $258.5 million [7] - Operating income improved to $46.4 million from an operating loss of $3.5 million in the prior-year quarter [8] Segment Analysis - Licensing revenues were $282.7 million, reflecting a 6.6% year-over-year increase, while Products and Services revenues fell by 12.8% to $22.1 million [5] - Broadcast Licensing contributed 34% to total licensing revenues, with other segments like Mobile Licensing and Consumer Electronics accounting for 17% and 15%, respectively [6] Future Outlook - For fiscal 2025, Dolby anticipates approximately 15% organic growth for Dolby Atmos and Dolby Vision, with imaging patents expected to grow around 15% as well [4] - The company projects revenues between $1.33 billion and $1.39 billion for fiscal 2025, with GAAP EPS expected to be in the range of $2.43 to $2.58 and non-GAAP EPS between $3.99 and $4.14 [13] Cash Flow and Shareholder Returns - For the fiscal year ending September 27, 2024, Dolby generated $327.3 million in net cash from operating activities, down from $367 million a year ago [9] - The company announced a dividend of 33 cents per share, payable on December 10, 2024, to shareholders of record on December 3, 2024 [4]

Core Insights - For the quarter ended September 2024, Dolby Laboratories reported revenue of $304.81 million, reflecting a year-over-year increase of 4.9% and an EPS of $0.81, up from $0.65 in the same quarter last year [1] - The reported revenue was slightly below the Zacks Consensus Estimate of $305.82 million, resulting in a revenue surprise of -0.33%, while the EPS exceeded expectations by 19.12% [1] Revenue Breakdown - Revenue from Products and Services was $22.10 million, which is a decline of 12.9% compared to the year-ago quarter and below the average estimate of $25.61 million [3] - Licensing revenue reached $282.71 million, surpassing the average estimate of $280.21 million and showing a year-over-year increase of 6.6% [3] Gross Margin Analysis - Gross Margin for Licensing was reported at $263.94 million, slightly below the average estimate of $265.12 million [3] - Gross Margin for Products and Services was $6.87 million, significantly higher than the estimated $3.25 million [3] Stock Performance - Over the past month, shares of Dolby Laboratories have decreased by 3.9%, contrasting with the Zacks S&P 500 composite's increase of 0.6% [4] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [4]

Dolby Laboratories (DLB) came out with quarterly earnings of $0.81 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.65 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 19.12%. A quarter ago, it was expected that this creator and licensor of audio, video and voice technologies would post earnings of $0.59 per share when it actually produced earnings of $0.71, delivering a surpri ...

Dolby Laboratories, Inc. (NYSE:DLB) Q4 2024 Earnings Conference Call November 19, 2024 5:00 PM ET Company Participants Peter Goldmacher - VP, IR Kevin Yeaman - CEO Robert Park - CFO Conference Call Participants Patrick Sholl - Barrington Research Ralph Schackart - William Blair Steven Frankel - Rosenblatt Operator Hello, ladies and gentlemen, thank you for standing by. Welcome to the Dolby Laboratories Conference Call discussing Fiscal Fourth Quarter Results. During the presentation, all participants will b ...