Compared to Estimates, Dolby Laboratories (DLB) Q1 Earnings: A Look at Key Metrics

Core Insights - Dolby Laboratories reported $357 million in revenue for the quarter ended December 2024, marking a year-over-year increase of 13.1% and exceeding the Zacks Consensus Estimate of$ 346.37 million by 3.07% [1] - The company achieved an EPS of $1.14, up from$ 1.01 a year ago, with a surprise of 6.54% compared to the consensus estimate of $1.07 [1] Revenue Breakdown - Revenue from Products and Services was$ 26.52 million, surpassing the three-analyst average estimate of $25.24 million, reflecting a year-over-year increase of 21.6% [4] - Licensing revenue reached$ 330.48 million, exceeding the average estimate of $321.12 million, and showing a year-over-year growth of 12.5% [4] Gross Margin Performance - Gross Margin for Licensing was reported at$ 309.37 million, compared to the average estimate of $301.40 million [4] - Gross Margin for Products and Services was$ 6.86 million, significantly higher than the average estimate of $3.83 million [4] Stock Performance - Shares of Dolby Laboratories have returned +3.2% over the past month, outperforming the Zacks S&P 500 composite's +1.2% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]