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) is set to release its Q2 fiscal 2023 financial results on May 4, 2023, after the market closes. Following this, Dolby management will hold a conference call at 2:00 p.m. PT (5:00 p.m. ET) the same day to discuss the results, available via teleconference and on their website.
Investors can access the call by calling 1-888-210-2212 in the U.S. or +1-646-960-0390 for international calls, using the confirmation code 5587811. A replay of the call will be available until May 11, 2023.
Dolby Laboratories has reached a significant milestone with the release of the 500th theatrical film utilizing Dolby Vision and Dolby Atmos. This achievement coincides with the highly anticipated release of Mission: Impossible - Dead Reckoning Part One and underscores Dolby's commitment to delivering immersive cinema experiences. Currently, there are more than 290 Dolby Cinema locations across 14 countries, with major growth seen in the U.S., UK, Korea, and Japan. Dolby Atmos technology is now installed in over 7,800 cinema screens in more than 105 countries, with a growing number of entire multiplexes offering this advanced audio experience. Dolby's new System 126 Screen Channel Speaker, designed for small to medium immersive venues, was also showcased at CinemaCon 2023.
Dolby Laboratories (NYSE: DLB) and Audible have launched Dolby Atmos on Audible, providing immersive audio storytelling experiences. This collection features over 40 popular Originals, including new titles like The Little Mermaid, narrated by Leigh-Anne Pinnock, and Marrow by Aditi Kapil. Dolby Atmos enhances audio narratives by placing sounds in a multidimensional space, creating a richer experience for listeners. Audible members globally can stream and download these titles on compatible devices. This partnership aims to elevate the storytelling experience, benefiting both creators and audiences.
PUBG MOBILE has partnered with Dolby Laboratories to introduce Dolby Atmos immersive audio in the game's Arena Mode, enhancing the player's experience with superior sound quality.
This technology allows players to hear detailed audio cues, providing a competitive edge in gaming. Vincent Wang, Head of PUBG MOBILE Publishing, expressed excitement over this integration, while John Couling, SVP of Dolby, highlighted the transformative impact on gaming soundscapes.
Dolby Atmos will be available to players with compatible devices, creating a more realistic gaming environment.
Dolby Laboratories announces a surprise live performance by Macklemore at SXSW on March 17, 2023, showcasing his new album BEN in Dolby Atmos. This marks Macklemore's first performance utilizing this immersive audio technology. The event is open to SXSW badge holders and the public on a first-come, first-served basis. Attendees will experience an immersive audio journey featuring popular tracks and new singles, aiming to redefine live music. Additionally, Dolby House will host a free event with food, drinks, and live DJs, promoting its latest innovations.
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