Dolby Laboratories (DLB) Tops Q4 EPS by 19c, Revs Miss

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Dolby Laboratories Reports Fourth Quarter and Fiscal 2017 Financial Results

October 25, 2017 4:15 PM EDT

SAN FRANCISCO--(BUSINESS WIRE)-- Dolby Laboratories, Inc. (NYSE: DLB) today announced financial results for the fourth quarter (Q4) and fiscal year that ended September 29, 2017. For Q4, Dolby reported total revenue of $242.0 million, compared to $233.0 million for Q4 of fiscal 2016. For fiscal 2017, Dolby reported total revenue of $1.08 billion, compared to $1.03 billion for fiscal 2016.

We continued to build momentum with our new initiatives in Q4, said Kevin Yeaman, President and CEO of Dolby Laboratories. With increased adoption of Dolby Vision in televisions and mobile devices, a growing number of Dolby Cinema locations open, and Dolby... More