Dolby Laboratories (DLB) Tops Q3 EPS by 8c, Issues Mixed Q4 Outlook

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Go back to Dolby Laboratories (DLB) Tops Q3 EPS by 8c, Issues Mixed Q4 Outlook

Dolby Laboratories Reports Third Quarter Fiscal 2017 Financial Results

July 25, 2017 4:15 PM EDT

SAN FRANCISCO--(BUSINESS WIRE)-- Dolby Laboratories, Inc. (NYSE: DLB) today announced the Company's financial results for the third quarter (Q3) of fiscal 2017. For the third quarter, Dolby reported total revenue of $305.7 million, compared to $277.6 million for the third quarter of fiscal 2016.

Third quarter GAAP net income was $76.0 million, or $0.73 per diluted share, compared to $63.6 million, or $0.62 per diluted share, for the third quarter of fiscal 2016. On a non-GAAP basis, third quarter net income was $89.2 million, or $0.86 per diluted share, compared to $78.3 million, or $0.76 per diluted share, for the third quarter of fiscal 2016. Dolby's... More