Dolby Laboratories (DLB) Tops Q4 EPS by 11c; Raises Q1 Guidance

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Go back to Dolby Laboratories (DLB) Tops Q4 EPS by 11c; Raises Q1 Guidance

Dolby Laboratories Reports Fourth Quarter and Fiscal 2020 Financial Results

November 12, 2020 4:15 PM EST

SAN FRANCISCO, Nov. 12, 2020 (GLOBE NEWSWIRE) -- Dolby Laboratories, Inc. (NYSE: DLB) today announced the company's financial results for the fourth quarter and fiscal year that ended September 25, 2020. For the fourth quarter, Dolby reported total revenue of $271.2 million, compared to $298.8 million for the fourth quarter of fiscal 2019. For fiscal 2020, Dolby reported total revenue of $1.16 billion, compared to $1.24 billion for fiscal 2019.

Dolby experiences are expanding to a broader range of content, said Kevin Yeaman, President and CEO, Dolby Laboratories. With the launch of iPhone 12, consumers are now able to create in Dolby Vision and... More