Dolby Laboratories Full Year 2024 Earnings: EPS Beats Expectations

Dolby Laboratories (NYSE:DLB) Full Year 2024 Results

Key Financial Results

• Revenue: US$1.27b (down 2.0% from FY 2023).
• Net income: US$261.8m (up 31% from FY 2023).
• Profit margin: 21% (up from 15% in FY 2023). The increase in margin was driven by lower expenses.
• EPS: US$2.74 (up from US$2.10 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Dolby Laboratories EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.9%.

Looking ahead, revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.

Performance of the American Software industry.

The company's shares are up 11% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Dolby Laboratories' balance sheet.

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