Dolby Laboratories, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended April 01, 2022
May 05, 2022 at 04:16 pm EDT
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Dolby Laboratories, Inc. reported earnings results for the second quarter and six months ended April 01, 2022. For the second quarter, the company reported revenue was USD 334.37 million compared to USD 319.56 million a year ago. Net income was USD 36.72 million compared to USD 76.22 million a year ago.
For the six months, revenue was USD 686 million compared to USD 709.43 million a year ago. Net income was USD 116.73 million compared to USD 211.42 million a year ago.
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. 
