Loading...
•
Sep 24, 2021
Dolby Q4 2021 Earnings Report
Dolby reported financial results for Q4 and fiscal year 2021.
Key Takeaways
Dolby reported Q4 revenue of $285.0 million, compared to $271.2 million for the fourth quarter of fiscal 2020. The company's GAAP net income was $44.2 million, or $0.42 per diluted share, compared to GAAP net income of $26.8 million, or $0.26 per diluted share, for the fourth quarter of fiscal 2020.
Dolby continues to expand the breadth and depth of Dolby Vision and Dolby Atmos experiences.
Dolby is driving future growth with initiatives like Dolby.io.
Fourth quarter GAAP net income was $44.2 million, or $0.42 per diluted share.
Fourth quarter non-GAAP net income was $60.4 million, or $0.58 per diluted share.
Forward Guidance
The volume of shipments, aggregated across various end markets and devices, continues to be impacted and difficult to predict because of economic uncertainty due to COVID-19. The global cinema market has been adversely impacted by COVID-19, and it remains uncertain when and where cinemas will resume operating at full capacity.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...