Dolby Laboratories (DLB) Misses Q2 EPS by 5c; Guides Q3 Lower

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Go back to Dolby Laboratories (DLB) Misses Q2 EPS by 5c; Guides Q3 Lower

Dolby Laboratories Reports Second Quarter Fiscal 2020 Financial Results

May 4, 2020 4:16 PM EDT

SAN FRANCISCO, May 04, 2020 (GLOBE NEWSWIRE) -- Dolby Laboratories, Inc. (NYSE: DLB) today announced the company's financial results for the second quarter of fiscal 2020. For the second quarter, Dolby reported total revenue of $351.8 million, compared to $338.3 million for the second quarter of fiscal 2019.

"We are well positioned to navigate these challenging times with the strength of our people, our value proposition, and our financial position, said Kevin Yeaman, President and CEO, Dolby Laboratories. "Consumers want and need immersive entertainment and communications now more than ever, and Dolby is well positioned to bring these... More