DLB - Weak Q1 FY24 Guidance Dampens Dolby Laboratories' Q4 Earnings Beat | Benzinga
Dolby Laboratories (NYSE: DLB) shares are trading lower in Thursday's after-hours session after the company reported its fourth-quarter financial results.
What To Know: Dolby Laboratories reported quarterly earnings of 65 cents per share, surpassing the analyst consensus estimate of 53 cents. The figure represents a 20.37% increase over earnings of 54 cents per share from the same period last year.
The company reported quarterly sales of $290.56 million, which topped the analyst consensus estimate of $290.20 million, a 4.44% increase over sales of $278.20 million the same period last ...