Dolby Laboratories, Inc. Reports Earnings Results for the First Quarter Ended December 28, 2018
January 30, 2019 at 04:15 pm
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Dolby Laboratories, Inc. announced earnings results for the first quarter ended December 28, 2018. For the first quarter, the company announced total revenue was USD 302.376 million compared to USD 299.527 million a year ago. Operating income was USD 68.671 million compared to USD 93.953 million a year ago. Net income was USD 98.219 million compared to net loss of USD 53.302 million a year ago. Basic earnings per share was USD 0.96 compared to basic loss per share of USD 0.52 a year ago. Diluted earnings per share was USD 0.93 compared to diluted loss per share of USD 0.52 a year ago.
Dolby Laboratories, Inc. is engaged in designing and manufacturing of audio and imaging hardware and software products for the cinema, television, broadcast and entertainment industries. The Company's products are used in content creation, distribution and playback to enhance image and sound quality and improve transmission and playback. Its cinema imaging products include digital cinema servers used to load, store, decrypt, decode, watermark, and playback digital film files for presentation on digital cinema projectors and software used to encrypt, encode and package digital media files for distribution. Its cinema audio products include cinema processors, amplifiers and loudspeakers used to decode, render, and optimally play back digital cinema soundtracks, including those using Dolby Atmos. The Company's other products include three dimensional glasses and kits, broadcast hardware and software. Its technology includes Dolby Atmos, Dolby TrueHD, Dolby Vision and Dolby Digital Plus.
DOLBY LABORATORIES, INC. 
