Dolby Laboratories: Q1 Earnings Insights

Dolby Laboratories (NYSE:DLB) reported its Q1 earnings results on Thursday, February 3, 2022 at 04:15 PM.

Here’s what investors need to know about the announcement.

Earnings

Dolby Laboratories missed estimated earnings by 4.72%, reporting an EPS of $1.01 versus an estimate of $1.06, which did not surprise analysts.

Revenue was up $38.24 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02, which was followed by a 1.51% drop in the share price the next day.

Here’s a look at Dolby Laboratories’s past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.56	0.47	0.67	1.04
EPS Actual	0.58	0.71	0.91	1.48
Revenue Estimate	299.95M	278.79M	294.29M	345.33M
Revenue Actual	285.02M	286.80M	319.56M	389.87M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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