Dolby LaboratoriesDLB
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EPS beat and strong guidance despite revenue miss

Dolby Laboratories stock surged 11.7% by mid-morning Friday after the company reported mixed financial results for its fiscal third quarter of 2026. Revenue came in at $305 million, missing the analyst consensus of $312 million, while non-GAAP earnings per share of $0.69 beat the $0.67 estimate. GAAP earnings were $0.30 per share, down 37% year over year. For the fourth quarter, Dolby guided for revenue between $362 million and $392 million and GAAP earnings of $0.78 to $0.93 per share, with full-year revenue expected to reach at least $1.4 billion.
Dolby LaboratoriesEPS beat and strong guidance despite revenue miss