DLB - Dolby Laboratories: A Sound Player Trading At A Too-Rich Valuation
2024-06-10 18:15:14 ET
Summary
- Dolby Laboratories, Inc. has been trading flat as the company's growth has been underwhelming despite an innovative licensing business.
- The company has seen modest growth over the past decade and expects flattish sales for fiscal year 2024.
- Dolby recently announced an interesting deal to acquire GE Licensing's IP portfolio, but no financial details were provided.
Shares of Dolby Laboratories, Inc. ( DLB ) have been trading largely flattish as the business frankly posts rather flattish results. The innovative licensing business looks appealing on paper, but actual growth has been underwhelming for a while, although the business recently announced an interesting bolt-on deal....
Dolby Laboratories: A Sound Player, Trading At A Too-Rich Valuation