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Dolby Laboratories reports Q1 FY2024 revenues of $315.6M, GAAP net income $66.9M, $0.30/share cash dividend announced for February.
Dolby Laboratories reported its Q1 fiscal 2024 financial results, showcasing total revenue of $315.6 million.
GAAP net income reached $66.9 million, or $0.69 per diluted share.
The firm also announced a cash dividend of $0.30 per share, payable on February 22, 2024.
The balance sheet recorded cash and cash equivalents at $656.8 million.
The company provided estimates for Q2 and the full fiscal year 2024, accounting for the impact of macroeconomic factors and supply chain constraints.
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Dolby Laboratories informa ingresos del primer trimestre del año fiscal 2024 de 315,6 millones de dólares, ingresos netos GAAP de 66,9 millones de dólares y dividendo en efectivo de 0,30 dólares por acción anunciado para febrero.