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Stock impact report

Dolby Laboratories Reports Fourth Quarter and Fiscal Year 2024 Financial Results [Yahoo! Finance]

Dolby Laboratories (DLB) 
Last dolby laboratories earnings: 1/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.dolby.com
Company Research Source: Yahoo! Finance
"We are pleased with the progress we made in fiscal 2024," said Kevin Yeaman , President and CEO, Dolby Laboratories. "As we enter fiscal 2025, we have strong momentum with Dolby Atmos and Dolby Vision, our imaging patent portfolio has gotten stronger with the GE Licensing acquisition, and we are excited about our opportunity with Dolby.io, which is well positioned to provide real time interactive experiences for sports and entertainment." Fourth Quarter Fiscal 2024 Financial Highlights Total revenue was $305 million , compared to $291 million for the fourth quarter of fiscal 2023. GAAP net income was $59 million , or per diluted share, compared to GAAP net income of $9 million , or per diluted share, for the fourth quarter of fiscal 2023. On a non-GAAP basis, fourth quarter net income was $78 million , or per diluted share, compared to $64 million , or per diluted share, for the fourth quarter of fiscal 2023. Dolby repurchased approximately 251,000 shares of its common stock Show less Read more
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