Last $43.88 USD
Change Today +0.11 / 0.25%
Volume 81.8K
DLB On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 5:15 PM 12/24/14 All times are local (Market data is delayed by at least 15 minutes).

dolby laboratories inc-cl a (DLB) Snapshot

Open
$43.77
Previous Close
$43.77
Day High
$44.14
Day Low
$43.76
52 Week High
08/25/14 - $47.29
52 Week Low
10/16/14 - $37.77
Market Cap
4.5B
Average Volume 10 Days
310.2K
EPS TTM
$1.99
Shares Outstanding
51.0M
EX-Date
10/30/14
P/E TM
22.0x
Dividend
$0.40
Dividend Yield
0.23%
Current Stock Chart for DOLBY LABORATORIES INC-CL A (DLB)

dolby laboratories inc-cl a (DLB) Related Businessweek News

No Related Businessweek News Found

dolby laboratories inc-cl a (DLB) Details

Dolby Laboratories, Inc. creates audio, imaging, and communication technologies that transform entertainment and communications at the cinema, at home, at work, and on mobile devices. The company develops and licenses its audio technologies, including Dolby Digital Plus for digital television, mobile, and Internet-based content service applications; Dolby Digital, a digital audio coding technology that provides multichannel sound in the home and theaters; and AAC & HE-AAC, which are high quality audio coding technologies used for broadcast, download, and streaming content. Its audio technologies also comprise Dolby TrueHD, an audio delivery technology for content providers; Dolby Atmos, an object-oriented platform providing unparalleled precision and flexibility in sound placement to deliver immersive sound; and Dolby Voice, an audio conferencing technology. In addition, the company designs and manufactures audio and imaging products consisting of digital cinema products, digital 3D products, Dolby Atmos processors, and broadcast products for the film production, cinema, and television broadcast industries. Further, it offers an array of services to support theatrical and television production for cinema exhibition, broadcast, and home entertainment. The company serves film studios, content creators, post-production facilities, cinema operators, broadcasters, and video game designers. It sells its products directly to the end users, as well as through dealers and distributors worldwide. The company was founded in 1965 and is based in San Francisco, California.

1,667 Employees
Last Reported Date: 11/18/14
Founded in 1965

dolby laboratories inc-cl a (DLB) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $650.8K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $441.1K
Executive Vice President of Advanced Technolo...
Total Annual Compensation: $419.0K
Executive Vice President, General Counsel and...
Total Annual Compensation: $400.2K
Senior Vice President of Worldwide Sales and ...
Total Annual Compensation: $401.1K
Compensation as of Fiscal Year 2013.

dolby laboratories inc-cl a (DLB) Key Developments

Cinema 21 to Install 100 Dolby Atmos Screens

Cinema 21 and Dolby Laboratories, Inc. announced that Cinema 21 plans to install Dolby Atmos® in 100 cinema screens over the next 18 months. Dolby Atmos unleashes the potential of sound in storytelling by giving filmmakers the creative freedom to easily place or move sounds anywhere in the movie theatre, including overhead, to create the most engaging cinema experience ever. Moviegoers can visit the Cinema 21 website and local listings for information on Dolby Atmos.

iQIYI and Dolby Extend Strategic Collaboration in Effort to Lead Online Video Experience Evolution in China

iQIYI and Dolby Laboratories, Inc. announced that they are extending their strategic collaboration to further enhance the sound quality of online video through technology innovation and deliver true high-definition entertainment experiences at home and on the go. As an important part of extending iQIYI's collaboration with Dolby, iQIYI has started to produce its in-house drama, From the Stars Heirs, in Dolby surround sound and will produce and deliver more of its premium in-house content in Dolby surround sound and 4K in the future. iQIYI and Dolby have been joining hands to enhance online entertainment experiences.

Dolby Laboratories, Inc. Approves Quarterly Dividend of Class A and Class B Common Stock, Payable on November 20, 2014; Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended September 26, 2014; Provides Earnings Guidance for the First Quarter and Full Fiscal Year of 2015

Dolby Laboratories, Inc. announced that its Board of Directors has approved a quarterly dividend program for its stockholders. The first dividend payment of $0.10 per share of Class A and Class B Common Stock will be paid on November 20, 2014, to stockholders of record as of the close of business on November 3, 2014. The company also announced unaudited consolidated earnings results for the fourth quarter and full year ended September 26, 2014. For the fourth quarter, Dolby reported total revenue of $226,957,000 compared to $216,652,000 for the fourth quarter of fiscal 2012. Operating income was $58,294,000 against $57,100,000 a year ago. Income before income taxes was $60,662,000 against $58,868,000 a year ago. Net income attributable to Dolby Laboratories, Inc. was $45,941,000 or $0.44 per diluted share against $45,795,000 or $0.44 per diluted share a year ago. Net cash provided by operating activities was $99,169,000 against $67,056,000 a year ago. Purchase of property, plant and equipment was $51,186,000 against $8,910,000 million reported last year. On a non-GAAP basis, fourth quarter net income was $60.8 million, or $0.58 per diluted share, compared to $58.8 million, or $0.57 per diluted share, for the fourth quarter of fiscal 2013. For the fiscal year company reported total revenue of $960,176,000 compared to $909,674,000 a year ago. Operating income was $273,718,000 against $245,262,000 a year ago. Income before income taxes was $276,099,000 against $250,646,000 a year ago. Net income attributable to Dolby Laboratories, Inc. was $206,103,000 or $1.99 per diluted share against $189,271,000 or $1.84 per diluted share a year ago. Net cash provided by operating activities was $371,137,000 against $276,501,000 a year ago. Purchase of property, plant and equipment was $88,308,000 against $26,711,000 reported last year. On a non-GAAP basis, fiscal year net income was $267.4 million, or $2.58 per diluted share, compared to $250.1 million, or $2.43 per diluted share, for fiscal 2013. For the first quarter of fiscal year 2015, the company estimated total revenue will range from $235 million to $245 million. Diluted earnings per share expected to be in the range of $0.35 and $0.40 on GAAP basis and $0.51 and $0.55 on a non-GAAP basis. Gross margin expected to range between approximately 88% to 89% on a GAAP basis and 89% to 90% on a non-GAAP basis. The company estimates effective tax rate will be between approximately 24% and 26% on both a GAAP and non-GAAP basis. For the fiscal year 2015, the company anticipated total revenue will range from $970 million to $1 billion. The company estimated that full year gross margins on a GAAP basis will range from 88% to 89%, with non-GAAP gross margins about a point higher. And the margin trend year-over-year is driven by the higher mix of product revenue in fiscal year 2015 compared to fiscal year 2014. Other income is estimated to be around $4 million for the year and the effective tax rate for the year is estimated to range from 24% to 26%.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
DLB:US $43.88 USD +0.11

DLB Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Deluxe Corp $62.88 USD +0.17
IMAX Corp C$35.46 CAD +0.42
Mentor Graphics Corp $22.27 USD +0.235
National Instruments Corp $31.84 USD +0.19
PTC Inc $37.44 USD +0.26
View Industry Companies
 

Industry Analysis

DLB

Industry Average

Valuation DLB Industry Range
Price/Earnings 22.1x
Price/Sales 4.7x
Price/Book 2.6x
Price/Cash Flow 21.8x
TEV/Sales 3.8x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact DOLBY LABORATORIES INC-CL A, please visit www.dolby.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.