Dolby Laboratories (DLB) Reports Q4 Earnings: What Key Metrics Have to Say

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]