Dolby Laboratories (DLB) Tops Q2 EPS by 8c; Offers Strong Q3 EPS Guidance

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Dolby Laboratories Reports Second Quarter Fiscal 2015 Financial Results

April 21, 2015 4:24 PM EDT

SAN FRANCISCO--(BUSINESS WIRE)-- Dolby Laboratories, Inc. (NYSE: DLB) today announced the Companys financial results for the second quarter (Q2) of fiscal year 2015. For the second quarter, Dolby reported total revenue of $271.9 million, compared to $278.6 million for the second quarter of fiscal year 2014. Total revenue for the second quarter of fiscal year 2014 included a back payment settlement of $24.7 million, which did not repeat in the second quarter of fiscal year 2015.

Second quarter GAAP net income was $58.0 million, or $0.56 per diluted share, compared to $75.9 million, or $0.73 per diluted share, for the second... More