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Technology Stocks : DLB Dolby Laboratories -- Ignore unavailable to you. Want to Upgrade?


To: Cooters who wrote (150)7/25/2018 6:07:09 PM
From: Cooters  Respond to of 324
 
There wasn't much that stood out in the call. They are still expecting a double in new initiatives revenue this year and state each of these initiatives is in the early innings.

On cash return, they added $350M to their exiting share repurchase. They had $60M left after buying back 900K shares this quarter. Total = $410M. They had $140M in positive cash flow and ended the Q with $1.2B in cash.

Proceeding along as expected IMO