Revenue Generation - Dolby Laboratories generates revenue primarily from licensing audio technologies, with approximately 19,900 issued patents related to these technologies as of December 29, 2023[148]. - The revenue composition for the fiscal quarter ended December 29, 2023 shows Broadcast at 38%, Mobile at 12%, CE at 18%, PC at 10%, and Other at 22%[151]. - Dolby aims to broaden its technologies into new content types such as music, gaming, and live sports, which is expected to drive revenue growth[166]. - The company has various licensing models, including a two-tier licensing model and a patent licensing model, to optimize revenue generation from its technologies[152]. - Dolby Cinema partnerships generate revenue through a share of box office receipts, recognized as licensing revenue[159]. - Licensing revenue is primarily driven by the adoption of foundational audio technologies, with revenue expected to reflect market trends in device shipments[167]. - Licensing revenue for Q1 2024 was $293.8 million, a decrease of 5% from $308.0 million in Q1 2023, representing 93% of total revenue[199]. - Gross margin for licensing decreased to $278.0 million, down 6% from $294.7 million, with a gross margin percentage of 95%[199]. - Products and services revenue fell to $21.8 million, a decline of 19% from $26.9 million, accounting for 7% of total revenue[203]. Market Expansion - The company is expanding its addressable market by offering solutions for real-time digital experiences, which stream high-quality audiovisual content with ultra-low latency[147]. - Major streaming partners like Netflix and Disney+ continue to enhance content in Dolby formats, driving strong adoption across devices[169]. - Dolby.io aims to expand its addressable market by providing solutions for real-time digital experiences, although it remains uncertain when it will become a material revenue driver[191]. - The automotive industry is adopting Dolby technologies, with recent announcements from brands like Mercedes-Benz and Zeeker supporting Dolby Atmos[182]. Economic Impact - Macroeconomic conditions, including inflation and reduced consumer spending, have negatively impacted the financial results and revenue generation of Dolby Laboratories[165]. - Consumer demand for cinema products is influenced by box office performance and economic conditions, with potential negative impacts from inflation and recession[190]. - Geopolitical challenges, including trade protection measures and changes in diplomatic relationships, may impact licensing revenue across all markets[173]. Financial Performance - Research and development expenses increased by 4% to $67.0 million, representing 21% of total revenue[206]. - General and administrative expenses rose by 9% to $65.2 million, making up 21% of total revenue[212]. - Restructuring charges amounted to $6.1 million, a significant increase from a $(0.2) million charge in the previous year, representing 2% of total revenue[216]. - Other income increased by 148% to $14.6 million, primarily due to higher interest income and gains from equity investments[218]. - The effective tax rate decreased to 16.4% from 20.5% in the prior year, influenced by higher benefits from foreign operations[221]. Cash and Investments - As of December 29, 2023, cash and cash equivalents totaled $656.8 million, down from $745.4 million at the end of September 2023[224]. - The company had cash and cash equivalents of $656.8 million and short and long-term investments totaling $233.7 million[239]. - The weighted-average credit quality of the investment portfolio was AA- with a weighted-average maturity of approximately ten months as of December 29, 2023[239]. - Hypothetical changes in interest rates of 1% and 0.5% would impact the carrying value of the investment portfolio by approximately $1.7 million and $0.8 million, respectively[240]. Internal Controls and Legal Proceedings - There were no changes in internal control over financial reporting during the fiscal quarter ending December 29, 2023, that materially affected internal controls[251]. - The company acquired MPEG LA during fiscal 2023 and is in the process of integrating it into the overall internal control framework[252]. - The company is involved in various legal proceedings, but resolution is not expected to materially impact operating results or financial condition[255].

Dolby Laboratories Inc (DLB) is slated to report first-quarter fiscal 2024 results on Feb 1.The Zacks Consensus Estimate for fiscal first-quarter revenues is pegged at $310.9 million, indicating a decrease of 7.2% from the year-ago quarter’s reported figure. The consensus mark for earnings per share (EPS) is pegged at 89 cents, indicating a year-over-year decrease of 19.8%.The company expects GAAP EPS of 44-59 cents and non-GAAP EPS of 80-95 cents on revenues of $300-$330 million for the fiscal first quarte ...

LOS ANGELES and SAN FRANCISCO, Jan. 19, 2024 /PRNewswire/ -- Jennifer Lopez, the multi-hyphenate artist, is teaming up with Dolby Laboratories, Inc. (NYSE: DLB), a leader in immersive entertainment experiences, to kick off the latest installment of the "Love More in Dolby" global brand campaign.  Jennifer Lopez x Dolby Jennifer Lopez and Dolby kick off the latest installment of the “Love More in Dolby” global brand campaign. In this next chapter, Lopez stars in the commercial which celebrates he ...

Throughout the show, Dolby will highlight the next frontier of immersive experiences including its newest innovations like Dolby Atmos FlexConnect and latest automotive collaborations LAS VEGAS, Jan. 10, 2024 /PRNewswire/ -- Dolby Laboratories, a leader in immersive entertainment experiences, yesterday kicked off the start of the 2024 Consumer Electronics Show (CES). Throughout the week, Dolby will showcase Dolby Vision and Dolby Atmos' growing industry leadership; new and expanded collaborations with leadi ...

SAN FRANCISCO, Jan. 8, 2024 /PRNewswire/ -- Dolby Laboratories, Inc. (NYSE:DLB) will release financial results for the first quarter (Q1) after the close of regular trading on Thursday, February 1, 2024. Members of Dolby management will lead a conference call open to all interested parties to discuss Q1 financial results for Dolby Laboratories at 2:00 p.m. PT (5:00 p.m. ET) on Thursday, February 1, 2024. Access to the teleconference will be available at http://investor.dolby.com or by dialing 1-888- 210-221 ...

Dolby Laboratories, Inc. (NYSE:DLB) Q4 2023 Earnings Call Transcript November 16, 2023 5:00 PM ET Company Participants Peter Goldmacher - VP of IR Kevin Yeaman - CEO Robert Park - CFO Conference Call Participants Steven Frankel - Rosenblatt Securities Ralph Schackart - William Blair James Goss - Barrington Research Operator Ladies and gentlemen, thank you for standing by, and welcome to the Dolby Laboratories Conference Call discussing Fiscal Fourth Quarter Results. During the presentation, all participants ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended September 29, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From To Commission File Number: 001-32431 DOLBY LABORATORIES, INC. (Exact name of registrant as specified in its charter) Delaware 90-0199783 (State or other ju ...

Dolby Laboratories, Inc. (NYSE:DLB) Q3 2023 Earnings Conference Call August 3, 2023 5:00 PM ET Company Participants Liz Krukowski - Vice President, Communications & People Experience Kevin Yeaman - Chief Executive Officer Robert Park - Chief Financial Officer Conference Call Participants Ralph Schackart - William Blair Steven Frankel - Rosenblatt Securities Jim Goss – Barrington Research Operator Ladies and gentlemen, thank you for standing by. Welcome to the Dolby Laboratories' Conference Call discussing F ...

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From To Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2023 OR Commission File Number: 001-32431 DOLBY LABORATORIES, INC. (Exact name of registrant as specified in its charter) Delaware 90-0199783 (State or other ...

Dolby Laboratories, Inc. (NYSE:DLB) Q2 2023 Earnings Conference Call May 4, 2023 5:00 PM ET Company Participants Maggie O’Donnell – Head-Investor Relations Kevin Yeaman – Chief Executive Officer Robert Park – Chief Financial Officer Conference Call Participants Steven Frankel – Rosenblatt Paul Chung – JPMorgan Ralph Schackart – William Blair James Goss – Barrington Research Operator Ladies and gentlemen, thank you for standing by. Welcome to the Dolby Laboratories’ Conference Call discussing fiscal second q ...