Dolby Laboratories Reports Fourth Quarter and Fiscal 2019 Financial Results
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Dolby Laboratories (DLB) Tops Q4 EPS by 18c; Offers FY20 EPS Guidance Above Consensus, Q1 EPS/Revenue Views Below Consensus
November 14, 2019 4:24 PM ESTDolby Laboratories (NYSE: DLB) reported Q4 EPS of $0.66, $0.18 better than the analyst estimate of $0.48. Revenue for the quarter came in at $298.83 million versus the consensus estimate of $297.55 million.
We achieved solid financial performance in 2019 and continued to build momentum for the combined Dolby Vision and Dolby Atmos experience, highlighted by new offerings from Apple and Disney, said Kevin Yeaman, President and CEO, Dolby Laboratories. We also introduced Dolby Atmos music, a completely new way for artists... More
