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Jun 30, 2020
Dolby Q3 2020 Earnings Report
Dolby's financial results for the third quarter of fiscal 2020 were announced.
Key Takeaways
Dolby Laboratories reported total revenue of $246.9 million for the third quarter of fiscal 2020, compared to $302.2 million for the third quarter of fiscal 2019. GAAP net income was $67.3 million, or $0.66 per diluted share, compared to GAAP net income of $39.6 million, or $0.38 per diluted share for the third quarter of fiscal 2019.
Total revenue for the third quarter was $246.9 million, compared to $302.2 million for the third quarter of fiscal 2019.
GAAP net income for the third quarter was $67.3 million, or $0.66 per diluted share, compared to $39.6 million, or $0.38 per diluted share for the third quarter of fiscal 2019.
Non-GAAP net income for the third quarter was $87.5 million, or $0.86 per diluted share, compared to $79.3 million, or $0.76 per diluted share for the third quarter of fiscal 2019.
Cash flow from operations for the third quarter was $134.3 million, compared to $91.4 million for the third quarter of fiscal 2019.
Dolby
Dolby
Forward Guidance
Dolby provided estimates for its fourth quarter of fiscal 2020 and fiscal year 2020, reflecting assumptions about the potential impact of COVID-19.