新华财经上海4月25日电（李一帆）随着汽车从单纯的交通工具演变为更多元化的移动生活空间，高品 质车载娱乐正成为行业竞争新焦点。 杜比实验室（Dolby Laboratories）今年首次在2025上海车展设立展台，集中展示了搭载杜比视界 （Dolby Vision）和杜比全景声（Dolby Atmos）的智能座舱解决方案——目前中国消费者已经可以在车 内通过主流的流媒体内容平台享受相关内容，包括QQ音乐、网易云音乐、酷狗音乐等平台的音乐，喜 马拉雅的播客内容，爱奇艺和腾讯视频的影视剧集，以及哔哩哔哩上网友创作的UGC（用户主创的图 文、音视频等）内容等。 杜比实验室商业合作及全球销售副总裁哈维尔·丰西拉（Javier Foncillas）表示："中国消费者非常注重娱 乐品质。我们的汽车合作伙伴在科技创新和体验升级方面也展现出了出色的能力。我们将持续加深与汽 车厂商和流媒体内容平台的合作，让车主能够享受到与家庭场景同样优质的移动场景多元化娱乐体 验。" 除整车厂外，多家供应链企业也在车展现场发布了相关产品，联发科推出支持杜比视界解码的天玑汽车 座舱平台MT8678，阿嘉米斯（Arkamys）展示了针对车内声学优 ...

Industry Overview - The Zacks Audio Video Production industry focuses on the premium segment of branded products for growth, with key players like Sony, Dolby, and GoPro benefiting from investments in advanced technology solutions [1] - The industry includes manufacturers of televisions, speakers, video players, camcorders, gaming consoles, drones, and high-end cameras, enhancing entertainment and communication experiences [2] Trends Impacting the Industry - Technological advancements, such as the shift to digital technology and wireless transmission, are driving growth by catering to high-resolution video demands and improving productivity [3] - There is an increasing demand for premium entertainment, with strong growth expected from record labels, TV producers, and advertisers, supported by a direct-to-consumer model [4] Economic Challenges - Global macroeconomic uncertainties, including trade tensions and inflation, are likely to restrain consumer spending, particularly on discretionary purchases [5] - The industry faces aggressive competition from low-priced imports, particularly from countries like China, Vietnam, and Mexico, leading to price wars and margin contraction [6] Industry Performance and Valuation - The Zacks Audio Video Production industry ranks 3 within the Zacks Consumer Discretionary sector, indicating bright near-term prospects [7][8] - The industry has outperformed the S&P 500, with a growth of 31.2% over the past year compared to the S&P 500's 5.4% [11] - The industry has a trailing 12-month price-to-sales (P/S) ratio of 1.51X, significantly lower than the S&P 500's 5.07X and the sector's 2.05X [14] Company Highlights - **GoPro**: Focused on subscription revenue growth, with a retention rate of 69% and 2.52 million subscribers. The company aims to enhance its subscription service and improve operational efficiencies, projecting a significant reduction in operating expenses [19][20][21] - **Sony Group Corporation**: Expected to grow through its Game & Network Services segment, with a projected revenue growth of 8% and operating income growth of 31% for the current year. The company has raised its fiscal 2024 sales outlook to ¥13,200 billion [24][26][27][28] - **Dolby Laboratories**: Gaining from the adoption of Dolby Atmos and Dolby Vision, with strategic acquisitions like GE Licensing expected to enhance its revenue and operating margins. The Zacks Consensus Estimate for its fiscal 2025 earnings is $4.06 per share [31][35][36]

Core Viewpoint - Dolby Laboratories, Inc. will announce its financial results for the second quarter of fiscal year 2025 on May 1, 2025, after market close [1] Group 1: Financial Results Announcement - The financial results for Q2 fiscal year 2025 will be released after the close of regular trading on May 1, 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 May 1, 2025, at 5:00 p.m. PT until May 8, 2025, at 8:59 p.m. PT [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 in the entertainment and communications sectors to innovate with products like Dolby Atmos and Dolby Vision [4]

Dolby Laboratories, Inc. (DLB) recently deepened its collaboration with AMC Entertainment (AMC) . After a decade of success and strong guest demand, the two entertainment bigshots plan to expand by adding 40 more Dolby Cinema locations at AMC theaters across the United States by the end of 2027. This roughly 25% increase will bring the total number of Dolby Cinema at AMC auditoriums to more than 200 locations nationwide. Dolby Cinema is DLB's premier theatrical solution, designed for both exhibitors and mov ...

Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Is Dolby Laboratories (DLB) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out. Dolby Laboratories is one of 267 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #8 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of ...

AMC has also selected Dolby Vision as its HDR offering of choice SAN FRANCISCO and LEAWOOD, Kan., March 31, 2025 /PRNewswire/ -- Dolby Laboratories, Inc. (NYSE: DLB), a leader in immersive entertainment experiences, and AMC Entertainment (NYSE: AMC), the largest theatrical exhibitor in the United States and in the world, today announced a significant expansion of their partnership, following a decade of success and guest popularity of the Dolby Cinema at AMC experience. Beginning this year, AMC and Dolby wi ...

Group 1 - Dolby Laboratories is part of the Consumer Discretionary sector, which includes 268 companies and is currently ranked 12 in the Zacks Sector Rank [2] - The Zacks Rank system focuses on earnings estimates and revisions, with Dolby Laboratories holding a Zacks Rank of 2 (Buy), indicating a positive earnings outlook [3] - Over the past quarter, the Zacks Consensus Estimate for Dolby's full-year earnings has increased by 1.1%, reflecting improved analyst sentiment [4] Group 2 - Dolby Laboratories has gained approximately 4% year-to-date, outperforming the average return of -4.8% for the Consumer Discretionary sector [4] - In the Audio Video Production industry, which includes 8 stocks, Dolby is ranked 12 and has performed better than the industry's average loss of 2.7% this year [6] - Comparatively, Netflix, another stock in the Consumer Discretionary sector, has a year-to-date return of 3.2% and a Zacks Rank of 1 (Strong Buy) [5][7]

Core Insights - Dolby Laboratories and General Motors announced that Dolby Atmos will be integrated into Cadillac's entire 2026 electric vehicle lineup, including models like ESCALADE IQL, ESCALADE IQ, LYRIQ-V, OPTIQ, and VISTIQ [1][2] - The collaboration aims to enhance in-car entertainment, providing a transformative audio experience that aligns with Cadillac's innovation strategy [4] Company Overview - Dolby Laboratories is a leader in immersive entertainment experiences, focusing on transforming audio and visual technology for various media [6] - General Motors is advancing towards an all-electric future, emphasizing safety, smart technology, and lower emissions across its vehicle lineup [7] Market Trends - There is a growing consumer demand for high-quality, immersive audio experiences, with nearly 90% of music streaming subscribers considering enhanced audio quality essential [4] - The integration of Dolby Atmos comes at a time when U.S. drivers collectively travel over 3 trillion miles annually, highlighting the increasing time spent in vehicles [4]

Core Insights - Dolby Laboratories reported a strong first-quarter fiscal 2025 performance, with non-GAAP EPS of $1.14, surpassing the prior year's $1.01 and exceeding the Zacks Consensus Estimate by 6.5% [2] - Total revenues reached $357 million, up from $315.6 million year-over-year, and also beat the Zacks Consensus Estimate by 3.1% [3] - The company expects growth in Dolby Atmos and Dolby Vision, projecting a 15% increase, while foundational audio technology revenues are anticipated to remain flat year-over-year [3][6] Financial Performance - Licensing revenues were $330.5 million, a 12% increase year-over-year, bolstered by a $70 million favorable true-up related to fiscal fourth quarter shipments [4] - Products and Services revenues rose 22% year-over-year to $26.5 million [4] - Gross profit for the quarter was $316.2 million, compared to $283.5 million in the previous year, with operating income increasing to $79.9 million from $66.2 million [7] Cash Flow and Liquidity - Dolby generated $107 million in net cash from operating activities for the fiscal quarter ending December 27, 2024 [8] - The company had $520.8 million in cash and cash equivalents and total liabilities of $641.6 million as of December 27, 2024 [8] - A share repurchase of 186,000 shares was executed for $15 million, leaving $387 million available under repurchase authorization [9] Future Outlook - For Q2 fiscal 2025, Dolby estimates revenues between $355 million and $385 million, with GAAP EPS projected at 77-92 cents and non-GAAP EPS between $1.19 and $1.34 [11] - For the full fiscal 2025, revenues are expected to be in the range of $1.33 billion to $1.39 billion, with licensing revenues forecasted between $1.22 billion and $1.28 billion [12] - The company anticipates GAAP operating margin of 20% and non-GAAP operating margin of nearly 33% for fiscal 2025 [12][13] Market Sentiment - Estimates for Dolby have trended downward over the past month, with a consensus estimate shift of -8.18% [14] - The stock currently holds a Zacks Rank 2 (Buy), indicating expectations for above-average returns in the coming months [16]

Core Viewpoint - Dolby Laboratories, Inc. (DLB) has shown strong stock performance, gaining 16.5% over the past six months, outperforming both the Audio Video Production industry and the S&P 500 composite [1] Price Performance - DLB stock closed at $81.59, down 0.1% in the last trading session, and is currently 9% below its 52-week high of $89.66 reached on January 30, 2025 [3] - The recent stock pullback, combined with strong top-line performance and new business opportunities, has attracted investor interest [3] Key Growth Catalysts - The adoption of Dolby Atmos and Dolby Vision is driving Dolby's performance, with significant momentum in content creation and new partnerships in music, movies, sports, and automotive sectors [3] - In the fiscal first quarter, all eight 2025 Grammy nominees for Best New Artist and seven out of eight nominees for Record of the Year and Album of the Year are available in Dolby Atmos [4] - Nearly 80% of the domestic box office and almost 70% of global box office titles were released in Dolby Atmos and Dolby Vision formats in 2024 [4] - Dolby has formed partnerships with over 20 OEMs, resulting in more than 60 models in the market featuring Dolby Atmos [4][5] Strategic Acquisitions - Dolby's acquisition of GE Licensing for $429 million aims to enhance its intellectual property portfolio, particularly in video codec technologies [7][9] - The acquisition of THEO Technologies for $55 million is expected to support Dolby.io offerings, addressing the demand for customized experiences in sports and entertainment [10] Financial Health and Capital Deployment - As of December 27, 2024, Dolby had $520.8 million in cash and cash equivalents and $641.6 million in total liabilities [12] - In the fiscal first quarter, Dolby repurchased 186,000 shares for $15 million, with $387 million remaining under repurchase authorization [12] - The company employs a balanced capital deployment strategy, focusing on sustainable growth, strong cash flows, and shareholder returns [11] Market Position - DLB stock is trading at a forward 12-month Price/Earnings ratio of 19.44X, significantly lower than the industry average of 43.31X, indicating a discounted valuation [14] - DLB shares are trading above their 50 and 200-day moving averages, suggesting a bullish trend [15] Investment Outlook - Dolby's positive outlook for fiscal 2025, strategic initiatives across high-growth sectors, and robust cash generation make it an attractive long-term investment [16]