Overview
Dolby Q3 fiscal 2025 revenue rises 9% yr/yr, beating analyst expectations, per LSEG data
Non-GAAP net income for Q3 beats estimates, reaching $76 mln, per LSEG data
Dolby repurchased 526,000 shares for $40 mln, $312 mln repurchase authorization remains
Outlook
Dolby sees Q4 revenue between $288 mln and $318 mln
Dolby expects FY 2025 revenue between $1.33 bln and $1.36 bln
Company anticipates Q4 GAAP EPS between $0.28 and $0.43
Dolby expects FY 2025 non-GAAP EPS between $3.88 and $4.03
Result Drivers
DOLBY ATMOS AND VISION - Expansion across music, sports, podcasts, movies, and TV driving revenue growth
DEVICE PARTNERSHIPS - Collaborations with Audi, Motorola, and Xiaomi boosting technology adoption
BROADCAST EVENTS - Major sports events broadcast in Dolby contributing to increased engagement
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$316 mln
$305.20 mln (3 Analysts)
Q3 Adjusted Net Income
Beat
$76 mln
$68.60 mln (2 Analysts)
Q3 Net Income
$46 mln
Q3 Dividend
$0.33
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Dolby Laboratories Inc is $97.50, about 22.3% above its July 30 closing price of $75.73
The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 19 three months ago
Press Release: ID:nPn3d4mYqa
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)