Dolby Laboratories (DLB) Tops Q3 EPS by 59c

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Dolby Laboratories Reports Third Quarter Fiscal 2020 Financial Results

August 3, 2020 4:16 PM EDT

SAN FRANCISCO, Aug. 03, 2020 (GLOBE NEWSWIRE) -- Dolby Laboratories, Inc. (NYSE: DLB) today announced the company's financial results for the third quarter of fiscal 2020. For the third quarter, Dolby reported total revenue of $246.9 million, compared to $302.2 million for the third quarter of fiscal 2019.

Consumers, now more than ever, want immersive entertainment and communications experiences, said Kevin Yeaman, President and CEO, Dolby Laboratories. We continue to grow the number of devices and the amount of content that support Dolby Vision and Dolby Atmos, and recently launched Dolby.io, which will broaden the range of... More