MARKET COMPOSITE
DLB - Dolby Laboratories Inc8:00:02 PM 4/23/2024
Price
$79.16
+ 0.35 (0.44%)
Dolby Laboratories, Inc. is an American company specializing in audio noise reduction and audio encoding/compression. Dolby licenses its technologies to consumer electronics manufacturers. Dolby Labs was founded by Ray Dolby in London, United Kingdom, in 1965. In the same year, he invented the Dolby Noise Reduction System, a form of audio signal processing for reducing the background hissing sound on audio tape recordings. His first U.S. patent on the technology was filed in 1969, four years later. The method was first used by Decca Records in the UK.
Financials
Quarterly financials
(USD)Dec 2022Q/Q
Revenue334.9MM+20%
Gross Profit300.5MM+25%
Cost Of Revenue34.5MM-7%
Operating Income94.1MM-
Operating Expenses206.4MM-4%
Net Income79.4MM-
R&D64.5MM+4%
G&A60MM+5%
Marketing82.2MM-9%
Amortization6.3MM-7%
Interest Expense81K-42%
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