Dolby Laboratories (DLB) Tops Q1 EPS by 15c, Offers Q2 and FY Guidance

Dolby Laboratories (NYSE: DLB) reported Q1 EPS of $0.64, $0.15 better than the analyst estimate of $0.49. Revenue for the quarter came in at $291.9 million versus the consensus estimate of $285.81 million.

GUIDANCE:

Dolby Laboratories sees Q2 2020 EPS of $1.15-$1.21, versus the consensus of $1.16. Dolby Laboratories sees Q2 2020 revenue of $370-390 billion, versus the consensus of $379.15 billion.

Dolby Laboratories sees FY2020 EPS of $3.40-$3.50, versus the consensus of $3.45. Dolby Laboratories sees FY2020 revenue of $1.3-1.35 billion, versus the consensus of $1.33 billion.

For earnings history and earnings-related data on Dolby Laboratories (DLB) click here.

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