Dolby revenues up; reduces guidance
Dolby Labs surprised analysts with outperforming consensus expectations. The company posted Q1 revenues of $334.37 million (€317.9m) in the period to March 31st 2022 (up from $319.6 million in the same period last year). Kevin Yeaman, CEO, told analysts that the industry Dolby served was still in uncertain times and consequently was reducing its outlook […]