Dolby LaboratoriesNYSE: DLB

Acquisition to strengthen Dolby's licensing businesses and create opportunity for future growth SAN FRANCISCO , June 6, 2024 /PRNewswire/ -- Dolby Laboratories, Inc. (NYSE: DLB), a leader in immersive entertainment experiences, announced today that it has entered into a definitive agreement to acquire GE Licensing, which owns, maintains, and licenses an extensive portfolio of IP primarily targeting the consumer digital media and electronics sectors. As one of the most respected companies in the field of patent licensing and management, GE Licensing is a leading innovator with world-class patents and licensing expertise, especially with respect to pioneering video codec technology.

SAN FRANCISCO , May 23, 2024 /PRNewswire/ -- Dolby Laboratories, Inc. (NYSE: DLB) today announced that management will present at the following investor conferences: Kevin Yeaman, President and Chief Executive Officer, will host a presentation at the William Blair Growth Stock Conference in Chicago, Illinois on Tuesday, June 4, 2024 at 10:00 AM CT (11:00 AM ET). Peter Goldmacher, Vice President, Investor Relations, will host a fireside chat at the Baird Global Consumer, Technology & Services Conference in New York, New York on Wednesday, June 5, 2024, at 10:50 AM ET.

Investing in new technologies that improve communication experiences is expected to benefit companies in the Zacks Audio Video Production industry such as Dolby Laboratories (DLB), GoPro (GPRO), and LiveOne (LVO) in the future.

Dolby's (DLB) financial results for the second quarter were impacted by decreased revenues in the Licensing business segment.

Although the financial results of Dolby Laboratories (DLB) for the quarter ending in March 2024 provide an overview of the company's performance, it may be beneficial to analyze how certain key metrics align with Wall Street predictions and previous year's figures.

Dolby Laboratories (DLB) reported quarterly earnings of $1.27 per share, surpassing the Zacks Consensus Estimate of $1.17 per share. This is an increase from earnings of $1.26 per share in the same quarter last year.

Look beyond analysts' predictions for Dolby Laboratories (DLB) and consider projections for key metrics to get a clearer understanding of the company's performance in the first quarter of 2024.

Dolby Laboratories (DLB) lacks the necessary ingredients for a potential earnings beat in its upcoming report. Be ready with the key expectations.

Investments in innovative solutions that enhance communications experience are likely to aid the Zacks Audio Video Production industry participants like Panasonic (PCRFY), Dolby Laboratories (DLB) Sonos (SONO) in the long run.