Dolby Laboratories, Inc. (NYSE:DLB) Q3 2023 Earnings Conference Call August 3, 2023 5:00 PM ET
Company Participants
Liz Krukowski - Vice President, Communications & People Experience
Kevin Yeaman - Chief Executive Officer
Robert Park - Chief Financial Officer
Conference Call Participants
Ralph Schackart - William Blair
Steven Frankel - Rosenblatt Securities
Jim Goss – Barrington Research
Operator
Ladies and gentlemen, thank you for standing by. Welcome to the Dolby Laboratories' Conference Call discussing Fiscal Third 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 Thursday, August 3, 2023.
I would now like to turn the conference call over to Liz Krukowski from Dolby Laboratories. Please go ahead, Liz.
Liz Krukowski
Good afternoon and welcome to Dolby Laboratories' third quarter 2023 earnings conference call. Joining me today are Kevin Yeaman, Dolby Laboratories' CEO; and Robert Park, the CFO.
As a reminder today's discussion will include forward-looking statements including our Q4 and fiscal 2023 outlook and our assumptions underlying that outlook. These statements are subject to risks and uncertainties that may cause actual results to differ materially from statements made today, including among other things the impact of current macroeconomic issues, ongoing supply chain issues, inflation, changes in consumer spending, and geopolitical instability on our business, and other risks and uncertainties specific to our business.
A discussion of these and additional risks and uncertainties can be found in the earnings press release that we issued today under the section captured Forward-looking Statements as well as in the Risk Factors section of our most recent quarterly form 10-Q. Dolby assumes no obligation and does not intend to update any forward-looking statements made during the call, as a result of new information or future events.
During today's call we will discuss non-GAAP financial measures. A reconciliation between GAAP and non-GAAP financial measures is available in our earnings press release and in the Interactive Analyst Center on the Investor Relations section of our website.
So with that introduction behind us, Kevin, let's get started. What are you seeing in the business?
Kevin Yeaman
Well, Q3 came in about where we expected, and our outlook for the year is in line with what we shared last quarter. What we're focused on every day is driving towards sustainable double-digit growth by bringing more Dolby experiences to more people and more types of content.