Dolby Laboratories Q2 Income Falls

Dolby Laboratories (DLB) released a profit for second quarter that decreased from last year

The company's earnings totaled $91.79 million, or $0.94 per share. This compares with $97.83 million, or $1.01 per share, last year.

Excluding items, Dolby Laboratories reported adjusted earnings of $130.73 million or $1.34 per share for the period.

The company's revenue for the period rose 1.4% to $369.56 million from $364.52 million last year.

Dolby Laboratories earnings at a glance (GAAP) :

-Earnings: $91.79 Mln. vs. $97.83 Mln. last year.
-EPS: $0.94 vs. $1.01 last year.
-Revenue: $369.56 Mln vs. $364.52 Mln last year.

-Guidance:
Next quarter EPS guidance: $0.62 - $0.77
Next quarter revenue guidance: $290 - $320 mln
Full year EPS guidance: $3.88 to $4.03
Full year revenue guidance: $1.31 - $1.38 bln

by RTTNews Staff Writer

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