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Sep 30, 2022

Dolby Q4 2022 Earnings Report

Announced fourth quarter and full year of fiscal 2022 financial results.

Key Takeaways

Dolby Laboratories reported their Q4 2022 financial results, noting progress in expanding the Dolby experience across various content platforms. While the results were below expectations, the company saw growth in movies, TV, music, and user-generated content.

Results came in below expectations.

Presence grew across movies and TV.

Presence grew across music.

Presence grew across user-generated content.

Total Revenue
$278M
Previous year: $285M
-2.4%
EPS
$0.54
Previous year: $0.58
-6.9%
Gross Profit
$241M
Previous year: $254M
-5.2%
Cash and Equivalents
$620M
Previous year: $1.23B
-49.4%
Free Cash Flow
$40.6M
Previous year: $97.9M
-58.5%
Total Assets
$2.69B
Previous year: $3.11B
-13.4%

Dolby

Dolby

Forward Guidance

Dolby provided high-level estimates for the full year of fiscal 2023 and estimates for its first quarter of fiscal 2023.