Dolby Laboratories, Inc. (DLB) Q4 2024 Earnings Call Transcript

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Dolby Laboratories, Inc. ( NYSE: DLB ) Q4 2024 Earnings Conference Call November 19, 2024 5:00 PM ET Company Participants Peter Goldmacher - VP, IR Kevin Yeaman - CEO Robert Park - CFO Conference Call Participants Patrick Sholl - Barrington Research Ralph Schackart - William Blair Steven Frankel - Rosenblatt Operator Hello, ladies and gentlemen, thank you for standing by. Welcome to the Dolby Laboratories Conference Call discussing Fiscal Fourth Quarter Results.

During the presentation, all participants will be in a listen-only mode. Afterwards you will be invited to participate in a question-and-answer session. [Operator Instructions] As a reminder, this call is being recorded Tuesday, November 19, 2024.



I would now like to turn the conference over to Mr. Peter Goldmacher, Vice President of Investor Relations. Peter, please go ahead.

Peter Goldmacher Good afternoon, and welcome to Dolby Laboratories' fourth quarter 2024 earnings conference call. Joining me today are Kevin Yeaman, Dolby Laboratories CEO; and Robert Park, Dolby Laboratories CFO. As a reminder, today's discussion will include forward-looking statements, including our fiscal 2025 first quarter and full year outlook, management's expectations for our future performance, and other statements regarding our plans, opportunities, and expectations.

These statements are subject to risks and uncertainties that may cause actual results to differ materially from the statements made today, including, among other things, changes in customer demand, changes in laws and regulations, and the impact of macroeconomic events on our business. A discussion of these and additional risks and uncertainties can be found in our earnings press release, as well as in the Risk Factors section of our Forms 10-K and 10-Q. Dolby assumes no obligation to update any forward-looking statements.

During today's call, we will discuss non-GAAP financial measures. These measures should be considered in addition to and not a substitute for GAAP measures. A reconciliation between GAAP and.