Dolby Laboratories (DLB) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, thank you for standing by. Welcome to the Dolby Laboratories conference hall discussing first quarter fiscal year 2025 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. To ask a question, press star 1 on your telephone keypad. As a reminder, this call is being recorded Wednesday, January 29, 2025. I would now like to turn the conference over to Mr. Peter Goldmacher, Vice President and with Mr. Relations. Peter, please go ahead. Thank you, Operator, and good afternoon. Welcome to Dolby Laboratories' first quarter 2025 earnings conference call. Joining me today are Kevin Yehman, Dolby Laboratories' CEO, and Robert Park, Dolby Laboratories' CFO. As a reminder, today's discussion will include forward-looking statements, including our fiscal 2025 second 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 macroeconomic events, 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 recently quarterly report on Form 10-Q. 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 non-GAAP financial measures. A reconci...