Dolby's Q4 Earnings Surpass Estimates, Revenues Increase Y/Y
Dolby Laboratories(DLB) ZACKS·2024-11-20 23:45
Dolby Laboratories, Inc (DLB) reported fourth-quarter fiscal 2024 results, with non-GAAP earnings per share (EPS) of 81 cents compared with 65 cents reported in the prior-year quarter. The bottom line surpassed the Zacks Consensus Estimate of 68 cents. Lower tax rates and higher gross margins were primary growth drivers.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Total revenues were $304.8 million, up from $290.6 million in the year-ago quarter. The uptick was caused by increase ...