Dolby Laboratories (DLB) Tops Q3 EPS by 25c; Mixed Outlook
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Dolby Laboratories Reports Third Quarter Fiscal 2016 Financial Results
July 27, 2016 4:15 PM EDTSAN FRANCISCO--(BUSINESS WIRE)-- Dolby Laboratories, Inc. (NYSE: DLB) today announced the Company's financial results for the third quarter (Q3) of fiscal year 2016. For the third quarter, Dolby reported total revenue of $277.6 million, compared to $231.7 million for the third quarter of fiscal year 2015.
Third quarter GAAP net income was $63.6 million, or $0.62 per diluted share, compared to $35.5 million, or $0.34 per diluted share, for the third quarter of fiscal 2015. On a non-GAAP basis, third quarter net income was $78.3 million, or $0.76 per diluted share, compared to $51.4 million, or $0.49 per diluted share, for the third quarter of fiscal... More
