Dolby Laboratories Beats Consensus Estimates; Guides In-Line; Stock Up 11% in AH Trading (DLB)

Dolby Laboratories (ticker: DLB) reported fiscal Q1 2006 earnings results today. Key stats:

Total revenue rose 8% y-o-y to $91.0 million above consensus estimate of $84.41 million.

Net income rose 66.3% y-o-y to $17.3 million.

EPS was $0.16 per diluted share above consensus estimate of $0.09.

Guidance for FY 2006

Revenue of $335 - $360 million in line with consensus estimate of $346.63 million.

Net income of $53 - $65 million.

Earnings per diluted share of $0.47 - $0.58 in line with consensus estimate of $0.50.

Stock-based compensation expense of $19 - $21 million.

Full press release here.