Dolby reports Q1 adjusted EPS $1.06, consensus 99c

Reports Q1 revenue $347M, consensus $341.45M. “With a good start to the fiscal year, we are optimistic about our position in the market and confident in our growth opportunities,” said Kevin Yeaman, President and CEO, Dolby (DLB) Laboratories. “We continue to have strong momentum with Dolby Atmos and Dolby Vision, while also expanding our addressable market with our imaging patent program for content streamers and Dolby OptiView.”