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.
VIZIO (NYSE: VZIO) and Dolby Laboratories (NYSE: DLB) have announced the integration of Dolby Atmos across VIZIO's entire 2024 soundbar lineup. This collaboration aims to provide immersive audio experiences at affordable prices, with soundbars starting at $99. The soundbars are available at major retailers including Best Buy, Amazon, Walmart, and Sam's Club. This initiative makes VIZIO one of the first manufacturers to offer Dolby Atmos in all its soundbars, enhancing the audio experience for movies, music, games, and sports. The partnership continues a long-standing relationship between VIZIO and Dolby, aimed at making high-quality sound and visual experiences accessible to a wider audience.
Dolby Laboratories (NYSE: DLB) announced that its management will present at two upcoming investor conferences. CEO Kevin Yeaman will present at the William Blair Growth Stock Conference in Chicago on June 4, 2024, at 10:00 AM CT (11:00 AM ET). In addition, Peter Goldmacher, VP of Investor Relations, will participate in a fireside chat at the Baird Global Consumer, Technology & Services Conference in New York on June 5, 2024, at 10:50 AM ET. Both events will be available via live webcast and replay at the Dolby investor relations website.
Dolby Laboratories (NYSE:DLB) announced that President and CEO Kevin Yeaman will host a fireside chat at the J.P. Morgan Global Technology, Media and Communications Conference. The event will take place in Boston, Massachusetts on May 21, 2024, at 3:45 PM ET. Investors and interested parties can access a live webcast and replay of the event on Dolby's investor relations website.
Dolby Laboratories, Inc. reported its second-quarter fiscal 2024 financial results, with total revenue at $364.5 million and GAAP net income at $97.8 million. The company highlighted the expansion of Dolby Atmos and Dolby Vision content across various entertainment platforms and consumer devices. Recent business highlights include partnerships with Max, Transsion, Xiaomi, Oppo, Honor, Lava Mobiles, and Hyundai. Dolby also announced a cash dividend of $0.30 per share and provided a financial outlook with a focus on royalty-based revenue and factors impacting consumer demand.
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