Dolby Laboratories (DLB) Tops Q2 EPS by 36c, Offers Q3 & FY Guidance

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Dolby Laboratories (DLB) 1Q Beat/Raise on iOS - Piper Jaffray

April 28, 2016 10:18 AM EDT

Piper Jaffray analyst, Michael Olson noted that Dolby (NYSE: DLB) reported a strong March qtr with EPS and revenue above consensus. June quarter guidance is also ahead of Street estimates at both the revenue and EPS mid-points.

Dolby continues to invest in new categories to drive revenue growth (Vision, Voice, Cinema) and announced continued traction with Dolby Voice & Cinema, in particular. Dolby should also benefit from the inclusion of Dolby... More