Dolby Laboratories (DLB) Tops Q1 EPS by 27c
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Dolby Laboratories Reports First Quarter Fiscal 2017 Financial Results
January 25, 2017 4:15 PM ESTSAN FRANCISCO--(BUSINESS WIRE)-- Dolby Laboratories, Inc. (NYSE: DLB) today announced the Company's financial results for the first quarter (Q1) of fiscal year 2017. For the first quarter, Dolby reported total revenue of $266.3 million, compared to $240.8 million for the first quarter of fiscal year 2016.
First quarter GAAP net income was $53.4 million, or $0.51 per diluted share, compared to $30.9 million, or $0.30 per diluted share, for the first quarter of fiscal 2016. On a non-GAAP basis, first quarter net income was $68.7 million, or $0.66 per diluted share, compared to $48.6 million, or $0.48 per diluted share, for the first quarter of fiscal... More
