Dolby Laboratories, Inc. Provides Earnings Guidance for the Third Quarter of Fiscal 2022 and Full Year Fiscal 2022
May 05, 2022 at 04:15 pm EDT
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Dolby Laboratories, Inc. provides earnings guidance for the third quarter of fiscal 2022 and full year fiscal 2022. For its third quarter of fiscal 2022, Total revenue is estimated to range from $285 million to $310 million. Diluted earnings per share is anticipated to range from $0.28 to $0.43 on a GAAP basis.
For full year fiscal 2022, Total revenue is estimated to range from $1.30 billion to $1.35 billion. Diluted earnings per share is anticipated to range from $1.98 to $2.48 on a GAAP basis.
Dolby Laboratories, Inc. is engaged in designing and manufacturing of audio and imaging hardware and software products for the cinema, television, broadcast and entertainment industries. The Company's products are used in content creation, distribution and playback to enhance image and sound quality and improve transmission and playback. Its cinema imaging products include digital cinema servers used to load, store, decrypt, decode, watermark, and playback digital film files for presentation on digital cinema projectors and software used to encrypt, encode and package digital media files for distribution. Its cinema audio products include cinema processors, amplifiers and loudspeakers used to decode, render, and optimally play back digital cinema soundtracks, including those using Dolby Atmos. The Company's other products include three dimensional glasses and kits, broadcast hardware and software. Its technology includes Dolby Atmos, Dolby TrueHD, Dolby Vision and Dolby Digital Plus.
DOLBY LABORATORIES, INC. 
