Here's What Key Metrics Tell Us About Dolby Laboratories (DLB) Q1 Earnings

Dolby Laboratories (DLB) reported $315.57 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 5.8%. EPS of $1.01 for the same period compares to $1.11 a year ago.The reported revenue represents a surprise of +1.48% over the Zacks Consensus Estimate of $310.98 million. With the consensus EPS estimate being $0.89, the EPS surprise was +13.48%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...