NYSE$DLB
Dolby Laboratories Inc. · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Dolby reported financial results for the third quarter of fiscal 2023.
Dolby Laboratories announced its financial results for the third quarter of fiscal 2023, focusing on growing Dolby Atmos and Dolby Vision across various ecosystems.
- Dolby continues to transform the way people enjoy their content.
- The company is focused on growing Dolby Atmos and Dolby Vision across movies and TV.
- They are also expanding in music and user-generated content ecosystems.
- Dolby announced a cash dividend of $0.27 per share of Class A and Class B common stock, payable on August 22, 2023.
Headline financials
Revenue & EPS history
Dolby · Revenue · Quarterly
$298M
Revenue by segment
Dolby · $291M total across 2 segments · Q4 2023
- Licensing$265M—91.3%
- Products and services$25.4M—8.7%
Forward guidance
Dolby provided estimates for its fourth quarter and full year of fiscal 2023, but actual results could differ materially due to macroeconomic factors, geopolitical instability, inflation, and elevated interest rates.
Headwinds
- Supply chain constraints.
- International conflicts.
- Consumer demand for electronic products.
- Geopolitical instability.
- Concerns around inflation and elevated interest rates.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2023
-0.9%
Avg return
Earnings day
-1.2%
Avg return
5 days after
-0.5%
Avg return
30 days after
43%
29 / 68 earnings
Positive
+14.9%
Q4 2024
Best reaction
-24.2%
Q3 2011
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | -10.5% | -9.6% | -13.0% | |
| Q1 2026 | +1.8% | +2.3% | +5.6% | |
| Q4 2025 | -0.0% | +2.8% | +2.0% | |
| Q2 2025 | -1.9% | -3.6% | -2.5% | |
| Q1 2025 | +8.3% | +4.6% | +1.2% | |
| Q4 2024 | +14.9% | +12.9% | +8.6% | |
| Q3 2024 | -7.6% | -9.3% | -6.9% | |
| Q2 2024 | +5.8% | +6.9% | +4.4% | |
| Q1 2024 | -3.5% | -4.5% | -1.0% | |
| Q4 2023 | -8.0% | -4.1% | -1.3% | |
| Q3 2023 | -9.8% | -11.7% | -3.2% | |
| Q2 2023 | +2.3% | +1.6% | +0.8% | |
| Q1 2023 | +7.4% | +5.5% | +3.8% | |
| Q4 2022 | -1.5% | -0.8% | +1.0% | |
| Q3 2022 | +0.9% | +3.0% | -5.7% | |
| Q2 2022 | -9.0% | -8.0% | -0.9% | |
| Q1 2022 | -13.8% | -13.0% | -17.7% | |
| Q4 2021 | -1.0% | +1.2% | +4.0% | |
| Q3 2021 | +1.6% | +4.4% | +4.7% | |
| Q2 2021 | -6.2% | -6.5% | -7.7% | |
| Q1 2021 | +1.7% | +5.3% | +12.7% | |
| Q4 2020 | +3.8% | +6.3% | +8.4% | |
| Q3 2020 | +1.9% | +0.8% | +2.0% | |
| Q2 2020 | -5.1% | -0.1% | +8.7% | |
| Q1 2020 | -0.5% | +1.0% | -5.3% | |
| Q4 2019 | +5.6% | +6.3% | +3.2% | |
| Q3 2019 | -13.6% | -14.1% | -9.6% | |
| Q2 2019 | +0.8% | +0.9% | -4.2% | |
| Q1 2019 | +3.1% | +3.5% | +3.7% | |
| Q4 2018 | -3.0% | -3.6% | +0.4% | |
| Q3 2018 | +5.3% | -0.7% | +11.7% | |
| Q2 2018 | -7.6% | -10.1% | -8.5% | |
| Q1 2018 | +8.5% | +2.1% | -3.7% | |
| Q4 2017 | -5.3% | -5.1% | +4.1% | |
| Q3 2017 | +2.4% | -1.5% | -8.0% | |
| Q2 2017 | -0.1% | -3.6% | -3.9% | |
| Q1 2017 | -1.6% | -2.9% | -0.7% | |
| Q4 2016 | -3.4% | -4.9% | -5.9% | |
| Q3 2016 | -1.0% | -1.3% | -1.1% | |
| Q2 2016 | +12.3% | — | — | |
| Q1 2016 | +10.7% | — | — | |
| Q4 2015 | +2.8% | — | — | |
| Q3 2015 | -5.7% | — | — | |
| Q2 2015 | +9.5% | — | — | |
| Q1 2015 | -7.9% | — | — | |
| Q4 2014 | +0.7% | — | — | |
| Q3 2014 | +2.0% | — | — | |
| Q2 2014 | -8.7% | — | — | |
| Q1 2014 | +1.5% | — | — | |
| Q4 2013 | +2.1% | — | — | |
| Q3 2013 | -1.3% | — | — | |
| Q2 2013 | +4.6% | — | — | |
| Q1 2013 | +1.3% | — | — | |
| Q4 2012 | -3.5% | — | — | |
| Q3 2012 | -14.9% | — | — | |
| Q2 2012 | +14.3% | — | — | |
| Q1 2012 | +6.4% | — | — | |
| Q2 2011 | -2.2% | — | — | |
| Q4 2011 | -2.2% | — | — | |
| Q3 2011 | -24.2% | — | — | |
| Q1 2011 | -2.2% | — | — | |
| Q1 2010 | -2.2% | — | — | |
| Q2 2010 | -1.0% | — | — | |
| Q4 2008 | -1.0% | — | — | |
| Q4 2010 | -1.0% | — | — | |
| Q4 2009 | -4.5% | — | — | |
| Q3 2010 | -4.5% | — | — | |
| Q3 2009 | -4.5% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro