Dolby Laboratories (NYSE:DLB) reported its Q2 earnings results on Thursday, May 4, 2023 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
Dolby Laboratories beat estimated earnings by 29.9%, reporting an EPS of $1.26 versus an estimate of $0.97.
Revenue was up $41.52 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.33 which was followed by a 4.52% increase in the share price the next day.
Here’s a look at Dolby Laboratories’s past performance:
| Quarter | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.78 | 0.60 | 0.58 | 0.82 |
| EPS Actual | 1.11 | 0.54 | 0.68 | 0.92 |
| Revenue Estimate | 306.56M | 305.23M | 294.04M | 332.51M |
| Revenue Actual | 334.92M | 278.20M | 289.58M | 334.37M |
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.
