dolby laboratories inc-cl a (DLB) Key Developments
Dolby Laboratories and Somatone Interactive Join Forces to Bring Enhanced Audio Quality to Mobile Developers and Publishers with Dolby Audio
Feb 11 15
Dolby Laboratories joins forces with Somatone Interactive to significantly advance the mobile game experience with Dolby Audio. Dramatically enhancing the quality of mobile game sound to an unprecedented level, Dolby Audio produces a noticeable and immediate effect, distinguished by added depth and power that can now be more fully enjoyed on tablets and smartphones. When incorporated into a mobile device, Dolby Audio adds postprocessing technologies that significantly improve a device's audio capabilities, leading to a richer and more immersive mobile entertainment experience that can be enjoyed even in busy, loud environments. Based on psychoacoustic and cognitive models of audio perception, Dolby Audio delivers HD-quality audio for mobile content by using highly advanced algorithms. This technology makes it possible to store and transmit high-quality digital sound to deliver the best audio quality possible on many different kinds of devices. Specifically, Dolby Audio keeps volume constant across all content with its Volume Leveler, enables users to experience surround sound through headphones or built-in speakers with the Surround Virtualizer, and allows every word to be clearly heard with the Dialogue Enhancer, among other innovative benefits.
BT Group and Dolby Expand Availability of BT MeetMe with Dolby Voice Service
Feb 6 15
BT Group plc and Dolby Laboratories have announced the expanded availability of BT MeetMe with Dolby Voice service and Dolby conference phone as well as the integration of the service with Cisco WebEx and Microsoft Lync. BT MeetMe with Dolby Voice transforms conference calls by delivering an in-person experience. The users get stunning audio quality, free from background noise. They also hear each person from a distinct virtual location so it is easy to identify who is speaking and to hear everyone on the call - even those with soft voices. Conversation flows more naturally and everyone can contribute better. BT MeetMe with Dolby Voice also offers significant cost savings over traditional audio conferencing services. Because users can join conference calls over data networks, the service helps lower transport and access fees. BT MeetMe with Dolby Voice can be accessed anywhere - via the desktop, mobile devices and in meeting rooms using the Dolby Conference Phone. Packed with innovation, it is the only phone that extends the complete Dolby Voice experience and productivity to meeting rooms. It provides outstanding audio clarity and the ability to not only pick up all the voices in the room but also to separate and clearly present them to remote participants. In addition to being an endpoint for BT MeetMe with Dolby Voice service, the phone can be used for traditional IP telephony calls. The Dolby Conference Phone is now available worldwide.
Dolby Laboratories Announces Earnings Results for the First Quarter of Fiscal Year 2015; Provides Earnings Guidance for the Second Quarter and Full Fiscal Year 2015
Jan 21 15
Dolby Laboratories announced earnings results for the first quarter of fiscal year 2015. For the quarter, the company’s non-GAAP EPS were $0.56. Sales were $234.238 million. Operating income was $53.5 million on a GAAP basis or 22.9% of revenue and $76.1 million on a non-GAAP basis or 32.5% revenue. Net income was $41.4 million on a GAAP basis or 17.7% of revenue and was $58.5 million on a non-GAAP basis or 25% of revenue. Diluted earnings per share were $0.40 on a GAAP basis compared to $0.44 in the fourth quarter and $0.43 in first quarter of last year. And on a non-GAAP basis, diluted earnings per share were $0.56 compared to $0.58 in fourth quarter and $0.59 in first quarter of last year.
For fiscal year 2015, sales are seen between $970 million to $1 billion, in line with forecasts for $984.90 million. Operating expenses are estimated to range from $664 million to $674 million on a GAAP basis and from $585 million to $595 million on a non-GAAP basis. Gross margins on a non-GAAP basis will range from 89% to 90% with non-GAAP gross margins. Effective tax rate for the year is estimated to range from 24% to 26%.
For the second quarter of fiscal year 2015, the company expects sales of between $260 million to $270 million and non-GAAP EPS of between $0.60 and $0.66. Gross margin in the second quarter is estimated to range from 90% to 91% on a GAAP basis and 91% to 92% on a non-GAAP basis. Operating expenses in the second quarter are projected to range from $171 million to $175 million on a GAAP basis and from $152 million to $156 million on a non-GAAP basis. Effective tax rate is estimated to range from 25% to 26% on both the GAAP and non-GAAP basis. Diluted earnings per share are projected to range from $0.45 to $0.51 on a GAAP basis and from $0.60 to $0.66 on a non-GAAP basis.
Dolby Laboratories, Inc. Declares Quarterly Dividend of Class A and Class B Common Stock, Payable on February 10, 2015
Jan 21 15
Dolby Laboratories, Inc. declared a cash dividend of $0.10 per share of Class A and Class B common stock, payable on February 10, 2015, to stockholders of record as of the close of business on February 2, 2015.
Sigma Designs, Inc. Announces Collaboration with Dolby Laboratories
Jan 16 15
Sigma Designs Inc. has announced a collaboration with Dolby Laboratories to bring enhanced 4K Ultra HD, or UHD, and HD TV to consumers. Dolby Vision, now supported on the Sigma HiDTV PRO-SX6 (STV7603) and SX7(STV7701) Smart TV chipsets, is a new imaging technology that helps content creators and television manufacturers deliver a dramatically different visual experience - astonishing brightness, incomparable contrast, and captivating color - that brings entertainment to life via over-the-top (OTT) online streaming, broadcast, and gaming applications. By integrating support for Dolby Vision and the enhanced high dynamic range (HDR) visual experience the technology enables, Sigma's SoCs allow TV manufacturers, service providers, and content owners to deliver pristine content with astounding detail and realism. These improvements in quality are critical for new and emerging services in both HD and UHD. The STV7603 requires an external FPGA and STV7701 provides a fully integrated solution.