Core Insights - Dolby Laboratories reported strong financial results for Q1 FY2025, with continued momentum in Dolby Atmos and Dolby Vision across various device categories [1][9] - The company announced a cash dividend of $0.33 per share, payable on February 19, 2025 [4] - Dolby's financial outlook for FY2025 includes estimated total revenue ranging from $1.33 billion to $1.39 billion, with licensing revenue estimated between $1.22 billion and $1.28 billion [10] Financial Highlights - Total revenue for Q1 FY2025 was $357 million, up from $316 million in Q1 FY2024, representing a 13% increase [9] - GAAP net income was $68 million or $0.70 per diluted share, compared to $67 million or $0.69 per diluted share in the same quarter last year [9] - Non-GAAP net income for Q1 FY2025 was $111 million or $1.14 per diluted share, compared to $99 million or $1.01 per diluted share in Q1 FY2024 [9] Business Developments - At CES, Dolby's partners announced a variety of new products incorporating Dolby technologies, including soundbars, TVs, and automotive displays [9] - Dolby Atmos was featured in all eight of the 2025 Grammy nominees for Best New Artist, and seven out of eight nominees for Record of the Year and Album of the Year [9] - In 2024, over 80% of the domestic box office and nearly 70% of the global box office came from titles released in Dolby Atmos and Dolby Vision [9] Financial Outlook - For Q2 FY2025, Dolby estimates total revenue to range from $355 million to $385 million, with licensing revenue between $330 million and $360 million [10] - Gross margins are anticipated to be approximately 89% on a GAAP basis and approximately 91% on a non-GAAP basis [10] - Operating expenses are expected to range from $230 million to $240 million on a GAAP basis and from $190 million to $200 million on a non-GAAP basis [10]

Core Viewpoint - Dolby Laboratories Inc (DLB) is expected to report its first-quarter fiscal 2025 results on January 29, with anticipated revenue growth and earnings per share (EPS) increase compared to the previous year [1][2]. Financial Performance Expectations - The Zacks Consensus Estimate for fiscal first-quarter revenues is $346.4 million, reflecting a growth of 9.8% year-over-year [2]. - Dolby expects revenues to be in the range of $330 million to $360 million for the quarter [2]. - The expected non-GAAP EPS is between $0.96 and $1.11, with the consensus estimate at $1.07 per share, indicating a year-over-year increase of 5.9% [2]. Historical Performance - DLB has consistently beaten the Zacks Consensus Estimate in the past four quarters, with an average surprise of 15.4% [3]. - Over the past year, DLB shares have decreased by 4.3%, while the industry has grown by 6.3% [3]. Growth Drivers - Steady momentum in Dolby Atmos, imaging patents, and Dolby Vision is expected to support the company's top-line performance, particularly in music, sports, and automotive sectors [4]. - Synergies from acquisitions, including the acquisition of GE's licensing business and THEO Technologies, are anticipated to enhance DLB's market position and offerings [5]. Licensing Revenue Projections - For the fiscal first quarter, DLB expects Licensing revenues to range from $305 million to $335 million, with an estimate of $319.5 million, representing an 8.8% year-over-year increase [6]. Operational Insights - On a GAAP basis, operating expenses are projected to be between $230 million and $240 million, while non-GAAP operating expenses are expected to be between $190 million and $200 million [9]. - Global macroeconomic challenges and softness in device sales are noted as concerns, although DLB anticipates flat device sales and stabilization in foundational audio technology revenues for fiscal 2025 [7]. Earnings Prediction Model - Current models do not predict an earnings beat for DLB, with an Earnings ESP of -2.50% and a Zacks Rank of 2 (Buy) [10].

Core Viewpoint - The market anticipates Dolby Laboratories (DLB) to report a year-over-year increase in earnings driven by higher revenues for the quarter ended December 2024, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - The consensus EPS estimate for Dolby Laboratories is $1.07 per share, reflecting a year-over-year increase of +5.9%, while revenues are projected to be $346.37 million, up 9.8% from the previous year [3]. - The consensus EPS estimate has been revised 0.3% higher in the last 30 days, indicating a slight positive reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for Dolby is lower than the consensus estimate, resulting in an Earnings ESP of -2.50%, suggesting a bearish outlook from analysts [10][11]. - Despite the negative Earnings ESP, Dolby holds a Zacks Rank of 2, which complicates the prediction of an earnings beat [11]. Historical Performance - In the last reported quarter, Dolby exceeded the expected earnings of $0.68 per share by delivering $0.81, resulting in a surprise of +19.12% [12]. - Over the past four quarters, Dolby has consistently beaten consensus EPS estimates [13]. Conclusion - While Dolby Laboratories may not be a strong candidate for an earnings beat based on current estimates, investors should consider other factors influencing stock performance ahead of the earnings release [16].

Core Insights - Zacks Premium offers various tools for investors to enhance their stock market engagement and confidence [1] - The Zacks Style Scores are designed to help investors identify stocks with the potential to outperform the market in the short term [2] Zacks Style Scores Overview - The Style Scores consist of four categories: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4][5][6] - Value Score identifies undervalued stocks using financial ratios [3] - Growth Score emphasizes companies with strong financial health and growth potential [4] - Momentum Score tracks price trends to capitalize on upward or downward movements [5] - VGM Score combines all three styles to provide a comprehensive assessment of stocks [6] Zacks Rank and Performance - The Zacks Rank is a proprietary model that utilizes earnings estimate revisions to guide investment decisions [7] - Stocks rated 1 (Strong Buy) have historically delivered an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [8] - There are over 800 top-rated stocks available, making it essential for investors to utilize Style Scores for better selection [9] Stock Selection Strategy - Investors should prioritize stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal success [10] - Stocks with lower ranks but high Style Scores may still carry risks due to downward earnings forecasts [11] Company Spotlight: Dolby Laboratories - Dolby Laboratories, a leader in audio and imaging technologies, holds a Zacks Rank of 2 (Buy) and a VGM Score of B [12] - The company is projected to achieve a year-over-year earnings growth of 6.9% for the current fiscal year [12] - Recent upward revisions in earnings estimates have increased the Zacks Consensus Estimate to $4.05 per share, with an average earnings surprise of 15.4% [13]

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 ...