Dolby Laboratories, Inc. (NYSE:DLB) Q4 2023 Earnings Call Transcript November 16, 2023 5:00 PM ET
Company Participants
Peter Goldmacher - VP of IR
Kevin Yeaman - CEO
Robert Park - CFO
Conference Call Participants
Steven Frankel - Rosenblatt Securities
Ralph Schackart - William Blair
James Goss - Barrington Research
Operator
Ladies and gentlemen, thank you for standing by, and 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, Thursday, November 16, 2023. 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, welcome to Dolby Laboratories' fourth quarter 2023 earnings call. Joining me today are Kevin Yeaman, Dolby Labs' CEO, and Robert Park, Dolby Labs' CFO.
As a reminder, today's discussion will include forward-looking statements, including our fiscal 2024 first quarter and full-year outlook and our assumptions underlying that outlook. 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, the impact of current macroeconomic events, ongoing supply chain issues, inflation rates, changes in consumer spending, and geopolitical instability on 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 captioned Forward-Looking Statements, as well as in the Risk Factors section of our most recent Annual Report on Form 10-K. Dolby assumes no obligation and does not intend to update any forward-looking statements made during this call as a result of new information or future events.
During today's call we will discuss certain non-GAAP financial measures, a reconciliation between GAAP and non-GAAP financial measures is available in our earnings press release and on the Interactive Analyst Center on the Investor Relations section of our website.
With that, I'd like to turn the call over to Kevin.
Kevin Yeaman
Thank you, Peter, and thanks to everyone for joining us today. Today, I'd like to cover three topics. First, I'm going to make some brief comments on the macro. Second, I will revisit the fundamental premise underlying our business model to help you understand why we remain so bullish on our opportunity. And third, I'll make a few comments about our fourth quarter and share our outlook and priorities for fiscal year '24 before turning the call over to Robert.