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Technology Stocks : DLB Dolby Laboratories

DLB 65.12

+0.2%

Nov 7 3:59 PM EST

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From: Cooters	8/1/2019 4:47:41 PM
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Dolby Laboratories Reports Third Quarter Fiscal 2019 Financial Results investor.dolby.com At a quick glance, EPS beat, rev a bit light. New yearly rev guidance down a bit, YoY revenue growth more like 6% vs. 8%. Big share repurchase in this quarter, followed by a new authorization. Will need to see their comments about the revenue adjustment, if from China I think that would OK, particularly in the Dolby Cinema buildout. Will get notes when I can, maybe not tonight. I will also look for CFRA's view, I highly respect their opinion and they have a sell on DLB on revenue concerns. Coot

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