Dolby Q1 Revenue Down – Broadcast & Mobile Licensing Revenue Up

7 Feb

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Dolby reported total Q1 2012 revenue of $233.4 million, compared to $242.7 million for the first quarter of fiscal 2011.
“In the first quarter, we grew licensing revenue year over year on the strength of our broadcast and mobile markets,” said Kevin Yeaman, President and Chief Executive Officer, Dolby Laboratories. “We continue to enhance the entertainment experience in online content with the addition of services such as HBO Go®, which recently announced the adoption of Dolby® Digital Plus.”

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