- Fed's Lockhart: Now Not The Time to Be Tentative
- GM, Ford Losses Deepen; Industry Outlook in Doubt
- GM Reports Huge Loss, Suspends Chrysler Talks
- Hedge Fund Results Seen Going From Bad to Worse
- Wholesale Inventories Fell Unexpectedly in September
- Vanishing Jobs, Stressed Consumers Feed Downturn
- Treasurys Move Lower on Jobs Report Relief
- Buy, Buy, Buy, Buy: Morgan Stanley Europe
- Unemployment Climbs to 6.5%, Higher Than Feared
- Quick Market Stats: Week Ending 11/7
- Hot Holiday Toys: Will Elmo Reign Again?
- Live Nation Packs 'Em In Despite A Bad Economy
- Stop Trading!: Market Stops If GM Fails
- Do Markets Like Obama?
- Mr. Obama, About That Voluntary National Service—Forget It
- Disney Faces Economic Downturn—But Extending Video Games?
- Cramer Mulls Obama Admin Jobs
- Yahoo and Microsoft: Here's Why A Deal Can Still Happen
- General Mills spent $192K lobbying gov't in 3Q
- Northrop protests Pentagon vehicle award
- Las Vegas Sands hires new chief financial officer
- Meltdown 101: Why automakers might get bailed out
- Ohio governor: Economy bad, Bush to blame
- Sanders: Climbing unemployment requires action
- AP told Cubs' owner is may sell a smaller share
- Mich. governor wants to see action on automakers
- Deutsche Post to discuss DHL restructuring
- FedFirst CEO John Robinson to retire in May
Dolby 4Q earnings grow 9 percent
Text Size 
SAN FRANCISCO - Dolby Laboratories, Inc. posted a 10 percent jump in fourth-quarter earnings Thursday, beating Wall Street expectations.
The audio technology company said profit rose to $48.6 million, or 42 cents per share, from $44.2 million, or 39 cents, in the previous year.
On average, analysts polled by Thomson Reuters expected earnings of 34 cents.
Revenue rose to $163.1 million from $128.9 million year-over-year. Analysts estimated $146.7 million, on average.
Dolby said it expects earnings of $184 million to $208 million for fiscal 2009.
Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Tools:
Print
Email
Del.icio.us
Digg It
Data is a real-time snapshot *Data is delayed at least 15 minutes