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DLB - Dolby Laboratories Inc News Story

$102.1 0.0  0.0%

Last Trade - 16/04/21

Sector
Consumer Cyclicals
Size
Large Cap
Market Cap £7.50bn
Enterprise Value £6.67bn
Revenue £910.9m
Position in Universe 914th / 6850

BRIEF-Dolby Labs Reports Fourth Quarter And Fiscal 2020 Results

Thu 12th November, 2020 9:51pm
Nov 12 (Reuters) - Dolby Laboratories Inc  DLB.N :
    * DOLBY LABORATORIES REPORTS FOURTH QUARTER AND FISCAL 2020
FINANCIAL RESULTS
    * Q4 NON-GAAP EARNINGS PER SHARE $0.45
    * Q4 GAAP EARNINGS PER SHARE $0.26
    * Q4 REVENUE $271.2 MILLION VERSUS REFINITIV IBES ESTIMATE
OF $244
MILLION
    * SEES Q2 REVENUE $270 MILLION TO $300 MILLION
    * Q4 EARNINGS PER SHARE ESTIMATE $0.34 -- REFINITIV IBES
DATA
    * SEES Q1 2021 TOTAL REVENUE TO RANGE FROM $330 MILLION TO
$360
MILLION
    * SEES Q1 2021 DILUTED EARNINGS PER SHARE TO RANGE FROM
$0.70 TO
$0.85 ON A GAAP BASIS
    * DILUTED EARNINGS PER SHARE ON A NON-GAAP BASIS IS
ANTICIPATED TO
RANGE FROM $0.97 TO $1.12 FOR Q1 2021
    * Q1 EARNINGS PER SHARE VIEW $0.56, REVENUE VIEW $277.9
MILLION --
REFINITIV IBES DATA
    * ANTICIPATE THAT CINEMA SITES COULD CONTINUE TO BE
NEGATIVELY
AFFECTED THROUGH FIRST HALF OF FISCAL 2021 OR LONGER

Source text for Eikon:  ID:nGNX71SVHJ 
Further company coverage:  DLB.N 

 ((Reuters.Briefs@thomsonreuters.com;))
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