Dolby Results 26/10/16

Dolby Laboratories Inc. recorded Q4 net profits of $23.9 million, down from profits for Q4 last time of $46.6 million, on turnover which rose to $203.5 million from $203.3 million. For the year there were profits of $185.9 million, an increase on $181.4 million on revenue of $1.03 billion, up from $970.6 million.

The company said that it had a strong year in audio and broadcast, but was particularly pleased that it had incorporated Dolby Vision into its LCD TVs, which were now shipping globally, and for which significantly more content was available. Dolby Cinema also saw expansion.