Dolby's Q1 Earnings & Revenues Surpass Estimates, Increase Y/Y

Dolby Laboratories, Inc (DLB) reported first-quarter fiscal 2025 results, with non-GAAP earnings per share (EPS) of $1.14 compared with $1.01 reported in the prior-year quarter. The bottom line surpassed the Zacks Consensus Estimate by 6.5%. Strong revenues and higher gross margins were primary growth drivers.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Total revenues were $357 million, up from $315.6 million in the year-ago quarter and beat the Zacks Consensus Estimate by 3.1%. ...