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SAN FRANCISCO - Dolby Laboratories, Inc. posted a 10 percent jump in fourth-quarter earnings Thursday, beating Wall Street expectations.
| DLB | 32.86 |  -0.75 |
The audio technology company said profit rose to $48.6 million, or 42 cents per share, from $44.2 million, or 39 cents, in the previous year.
On average, analysts polled by Thomson Reuters expected earnings of 34 cents.
Revenue rose to $163.1 million from $128.9 million year-over-year. Analysts estimated $146.7 million, on average.
Dolby said it expects earnings of $184 million to $208 million for fiscal 2009.
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