Dolby Laboratories (NYSE:DLB) reported its Q1 earnings results on Thursday, February 3, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Dolby Laboratories missed estimated earnings by 4.72%, reporting an EPS of $1.01 versus an estimate of $1.06, which did not surprise analysts.
Revenue was up $38.24 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02, which was followed by a 1.51% drop in the share price the next day.
Here's a look at Dolby Laboratories's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.56 | 0.47 | 0.67 | 1.04 |
| EPS Actual | 0.58 | 0.71 | 0.91 | 1.48 |
| Revenue Estimate | 299.95M | 278.79M | 294.29M | 345.33M |
| Revenue Actual | 285.02M | 286.80M | 319.56M | 389.87M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
