Dolby Laboratories(DLB)

POST71.730.000.00%16:40 EST
71.73-1.44-1.97%

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    • AI Earnings
      ·
      2023-08-04

      Dolby Laboratories(DLB) 2023Q2 Earnings Summary

      Bullish Points: 1. Dolby Laboratories reported total revenue of $298.37 million for the quarterly period ended June 30, 2023. 2. The company's gross profit for the quarter was $256.86 million, and operating income was $15.94 million. 3. Net income attributable to Dolby Laboratories for the quarter was $16.4 million, with a diluted earnings per share of $0.17. 4. Dolby audio and imaging technologies have a strong presence within movie and episodic content through adoption across content creators and streaming services. 5. Major streaming partners such as Netflix, Disney+, Apple TV+, Amazon, Max, and Paramount+ continue to enhance content in Dolby Vision and Dolby Atmos. 6. Dolby Cinema continues to expand globally, with over 500 theatrical titles in both Dolby Vision and Dolby Atmos. Bearis
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    • Company Profile

      Company Name
      Dolby Laboratories
      Market
      NYSE
      Establishment Date
      - -
      Employees
      - -
      Office Location
      - -
      Zip Code
      - -
      Phone
      - -
      Fax
      - -
      Introduction
      Dolby Laboratories, Inc. creates audio and imaging technologies that transform entertainment and communications at the cinema, DTV transmissions and devices, mobile devices, OTT video and music services, and home entertainment devices. The company develops and licenses its audio technologies, such as AAC & HE-AAC, a digital audio codec solution used for a range of media applications; AVC, a digital video codec with high bandwidth efficiency used in various media devices; Dolby AC-4, a digital audio coding technology that delivers new audio experiences to a range of playback devices; and Dolby Atmos technology for cinema and various media devices. Its audio technologies also include DD, a digital audio coding technology that provides multichannel sound to applications; DD+, a digital audio coding technology that offers audio transmission for a range of media applications and devices; Dolby TrueHD, a digital audio coding technology providing encoding for media application; Dolby Vision, an imaging technology for cinema and media devices; Dolby Voice, an audio communications technology that emulates the in-person meeting experience; and HEVC, a digital video codec with high bandwidth efficiency for media devices. In addition, the company offers digital cinema servers, cinema processors, amplifiers, loudspeakers, and audio and imaging hardware and software products for the cinema, television, broadcast, communication, and entertainment industries. Further, it provides 3-D glasses and kits; and various services to support theatrical and television production for cinema exhibition, broadcast, and home entertainment. The company serves film studios, content creators, post-production facilities, cinema operators, broadcasters, and video game designers. It sells its products directly to the end users, as well as through dealers and distributors worldwide. Dolby Laboratories, Inc. was founded in 1965 and is headquartered in San Francisco, California.
    • 1D
    • 5D
    • Day
    • Week
    • Month
    High
    73.63
    Open
    73.38
    Volume%
    1.31
    Low
    71.24
    Close
    73.17
    T/O Rate
    0.69%
     
     
     
     

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