Welcome to our dedicated page for Dolby Laboratories news (Ticker: DLB), a resource for investors and traders seeking the latest updates and insights on Dolby Laboratories stock.
Dolby Laboratories, Inc. (NYSE:DLB), founded in 1965 and headquartered in San Francisco, is a global leader in audio, video, and voice technologies. The company revolutionizes entertainment and communications with its innovative products, including Dolby Atmos, Dolby Vision, Dolby Cinema, and Dolby.io. Through its partnerships with artists, storytellers, developers, and businesses, Dolby transforms the science of sight and sound into spectacular experiences enjoyed by billions worldwide.
Dolby's Core Business involves developing and licensing cutting-edge technology for cinema, broadcast, home audio systems, in-car entertainment, DVD players, games, televisions, and personal computers. About 75% of its revenue is generated from licensing its technology to consumer electronics manufacturers globally, while the remainder comes from equipment sales to professional producers and audio engineering services.
Under the leadership of its founder, Ray Dolby, the company has always been committed to enhancing the listening and viewing experience. Dolby's innovative spirit is evident in its continued efforts to improve the quality and accessibility of its technologies. Recent achievements include the announcement of Dolby Atmos FlexConnect, collaborations with automotive giants like Mercedes-Benz and Lotus, and the integration of Dolby Vision and Dolby Atmos in new gaming monitors from leading brands such as Alienware and ASUS.
Financially, Dolby has shown resilience and growth potential, as highlighted in their Q4 and full-year fiscal 2023 results. With a solid financial outlook, Dolby remains confident in its long-term growth opportunities across various sectors, including TVs, mobile, and automotive. Dolby also continues to return capital to stockholders through quarterly dividends and stock repurchases.
Dolby's acquisition of GE Licensing further expands its intellectual property portfolio, particularly in video codec technology, enhancing its position in the market. This strategic move is expected to be accretive on a non-GAAP basis to operating margins and EPS in fiscal 2025.
For the latest updates, Dolby's forward-looking statements and financial results can be accessed through their investor relations website, ensuring transparency and communication with investors.
Dolby Laboratories (NYSE:DLB) reported strong Q1 FY2025 financial results with total revenue of $357 million, up from $316 million in Q1 FY2024. GAAP net income reached $68 million ($0.70 per diluted share), while non-GAAP net income was $111 million ($1.14 per diluted share).
The company demonstrated significant momentum with Dolby Atmos and Dolby Vision across various device categories. At CES, multiple partners announced new products incorporating Dolby technologies, including soundbars from Harmon Kardon, Samsung, and Amazon, TVs from various manufacturers, and automotive applications. The company also reported strong presence in the entertainment industry, with over 80% of domestic box office and 70% of global box office featuring Dolby technologies in 2024.
Dolby repurchased 186,000 shares for approximately $15 million and declared a cash dividend of $0.33 per share, payable on February 19, 2025.
Dolby Laboratories (NYSE: DLB) has scheduled its Q1 fiscal 2025 financial results announcement for Wednesday, January 29, 2025, after regular trading hours. The company will host a conference call at 2:00 p.m. PT (5:00 p.m. ET) on the same day to discuss the results.
Interested parties can access the teleconference through the company's investor relations website or by calling 1-888-210-2212 (domestic) or +1-646-960-0390 (international) using confirmation code 5587811. A replay will be available from 5:00 p.m. PT on January 29 until 8:59 p.m. PT on February 5, 2025, accessible via 1-800-770-2030 (domestic) or +1-647-362-9199 (international).
Dolby Laboratories showcased its automotive innovations at CES 2025, highlighting significant expansion in Dolby Atmos adoption and introducing Dolby Vision for cars. The company has doubled its auto manufacturer partnerships to over 20 companies, including major brands like Cadillac, Mercedes-Benz, and Volvo Cars.
The 2025 Cadillac OPTIQ will feature Dolby Atmos as standard with a 19-speaker AKG audio system. Pioneer demonstrated the first aftermarket Dolby Atmos solution using a 4-channel speaker system. The company also announced that 93% of Billboard's 2024 Top 100 Artists have released music in Dolby Atmos.
In a significant development, Dolby unveiled the world's first car supporting both Dolby Vision and Dolby Atmos in Li Auto's Li MEGA. Additionally, Samsung Display formed a strategic partnership with Dolby to integrate Dolby Vision into their OLED displays for automotive applications.
Dolby Laboratories (NYSE:DLB) reported Q4 2024 financial results with total revenue of $305 million, up from $291 million in Q4 2023. GAAP net income reached $59 million ($0.61 per share), compared to $9 million ($0.09 per share) in Q4 2023. For fiscal year 2024, total revenue was $1.27 billion versus $1.30 billion in 2023, with GAAP net income of $262 million ($2.69 per share).
The company completed the acquisition of GE Licensing and THEO Technologies, expanded automotive partnerships for Dolby Atmos to over 20 OEMs, and secured new implementations across various devices including Meta Quest, iPhone 16, and Xiaomi TVs. Dolby also announced a $0.33 per share dividend and established a new $250 million revolving credit facility.
Jin from BTS has partnered with Dolby Laboratories (NYSE: DLB) for their 'Love More in Dolby' campaign, celebrating his new single 'I'll Be There' in Dolby Atmos. The single precedes Jin's first solo album 'Happy,' scheduled for release on November 15th in Dolby Atmos. The campaign, directed by Colin Tilley, showcases how Dolby Atmos transforms music listening into an immersive experience.
Jin expressed amazement at how Dolby Atmos technology allows fans to experience the emotions and happiness he aimed to convey through his music. The technology is available on major streaming platforms including Amazon Music, Apple Music, TIDAL, and others, accessible through various devices and brands.
Dolby Laboratories (NYSE: DLB) has announced its Q4 and full year fiscal 2024 financial results conference call and webcast. The event is scheduled for Tuesday, November 19, 2024, after the close of regular trading. Dolby management will host the call at 2:00 p.m. PT (5:00 p.m. ET) to discuss the company's financial performance.
Interested parties can access the teleconference through the Dolby investor relations website or by dialing specific numbers. A replay of the call will be available from 5:00 p.m. PT on November 19 until 8:59 p.m. PT on November 26, 2024. An archived version of the teleconference will also be accessible on the company's investor relations website.
Dolby Laboratories (NYSE: DLB) has unveiled a new range of cloud video products for real-time interactive streaming at IBC 2024. This follows Dolby's acquisition of THEO Technologies, enhancing their capabilities in high-quality video streaming. The combined offering includes:
1. THEOads: A new ad insertion capability for personalized, non-intrusive ads
2. Dolby Millicast: An ultra-low latency streaming solution
3. Dolby Hybrik: Powering transcoding
4. THEOplayer and THEOlive: Cross-platform playback and live streaming products
Major companies like FanDuel, ITV, Las Vegas Sands, NASCAR, and NFL are already leveraging these solutions to enhance their live streaming experiences. The new products aim to deliver content with minimal delay, creating immersive, interactive experiences across platforms.
Dolby Laboratories (NYSE:DLB) has announced that its President and CEO, Kevin Yeaman, will participate in a fireside chat at the Goldman Sachs Communacopia and Technology Conference. The event is scheduled for Thursday, September 12, 2024, at 8:50 AM PT (11:50 AM ET) in San Francisco, California.
Investors and interested parties can access a live webcast of the fireside chat through Dolby's investor relations website at http://investor.dolby.com. For those unable to attend or watch live, a replay of the event will also be made available on the same platform. This presentation offers an opportunity for stakeholders to gain insights into Dolby's strategies and market position directly from its top executive.
Dolby Laboratories (NYSE:DLB) has announced that its Chief Financial Officer, Robert Park, will participate in a fireside chat at the upcoming Rosenblatt Technology Summit. The event is scheduled to take place virtually on Tuesday, August 20, 2024, at 3:00 PM ET.
Investors and interested parties can access a live webcast of the fireside chat through Dolby's investor relations website at http://investor.dolby.com. For those unable to attend the live event, a replay will also be made available on the same platform.
This presentation offers an opportunity for investors to gain insights into Dolby's financial strategies and market position directly from the company's CFO. The Rosenblatt Technology Summit is known for featuring discussions with key executives from leading technology companies, making it a noteworthy event for industry analysts and investors.
Dolby Laboratories (NYSE:DLB) reported its Q3 2024 financial results, with total revenue of $288.8 million, down from $298.4 million in Q3 2023. GAAP net income increased to $38.4 million ($0.40 per diluted share), compared to $16.4 million ($0.17 per diluted share) in Q3 2023. Non-GAAP net income rose to $68.8 million ($0.71 per diluted share) from $54.1 million ($0.55 per diluted share) year-over-year.
Dolby repurchased about 423,000 shares and has $72 million remaining in its stock repurchase authorization. The company announced a cash dividend of $0.30 per share and an increase in its stock repurchase program by $350 million. Notable business highlights include partnerships with automotive manufacturers and expanded adoption of Dolby Vision and Dolby Atmos in various devices and major sporting events.
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