Dolby Laboratories DLB reported its Q4 earnings results on Thursday, November 16, 2023 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Dolby Laboratories beat estimated earnings by 22.64%, reporting an EPS of $0.65 versus an estimate of $0.53.
Revenue was up $12.36 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 9.78% drop in the share price the next day.
Here's a look at Dolby Laboratories's past performance:
Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
---|---|---|---|---|
EPS Estimate | 0.55 | 0.97 | 0.78 | 0.60 |
EPS Actual | 0.55 | 1.26 | 1.11 | 0.54 |
Revenue Estimate | 301.65M | 349.84M | 306.56M | 305.23M |
Revenue Actual | 298.37M | 375.89M | 334.92M | 278.20M |
To track all earnings releases for Dolby Laboratories visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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