Dolby Laboratories: Fiscal Q3 Earnings Snapshot

Dolby Laboratories reported fiscal Q3 net income of $28.6 million with adjusted earnings of 69 cents per share, exceeding Wall Street estimates. However, revenue of $305 million missed forecasts. The company projected Q4 earnings of $1.13-$1.28 per share and full-year earnings of $4.25-$4.40 per share.