Dolby Laboratories, Inc. - Form 8-K
This Form 8-K filing by Dolby Laboratories, Inc. details the company's financial results for the second quarter of fiscal year 2026, ended March 27, 2026. Total revenue for the quarter was $396 million, an increase from $370 million in the same quarter of the previous year. GAAP net income was $95 million, or $0.99 per diluted share, compared to $92 million, or $0.94 per diluted share, in the prior year's second quarter. Non-GAAP net income was $131 million, or $1.37 per diluted share. The company also announced a cash dividend of $0.36 per share. Dolby provided financial outlook for the third quarter and full year of fiscal 2026, with projected revenues and earnings per share. The filing also includes detailed financial statements, balance sheets, and cash flow statements, along with reconciliations between GAAP and non-GAAP financial measures. Significant business highlights include the expansion of Dolby technologies in sports and automotive sectors, with new integrations announced with BMW and Lexus.