Dolby Laboratories (DLB) Tops Q2 EPS by 36c, Offers Q3 & FY Guidance
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Dolby Laboratories Reports Second Quarter Fiscal 2016 Financial Results
April 27, 2016 4:17 PM EDTSAN FRANCISCO--(BUSINESS WIRE)-- Dolby Laboratories, Inc. (NYSE: DLB) today announced the Company's financial results for the second quarter (Q2) of fiscal year 2016. For the second quarter, Dolby reported total revenue of $274.3 million, compared to $271.9 million for the second quarter of fiscal year 2015.
Second quarter GAAP net income was $67.4 million, or $0.66 per diluted share, compared to $58.0 million, or $0.56 per diluted share, for the second quarter of fiscal 2015. On a non-GAAP basis, second quarter net income was $83.5 million, or $0.82 per diluted share, compared to $74.9 million, or $0.72 per diluted share, for the second quarter of fiscal... More
