Dolby Laboratories (DLB) reported late Thursday fiscal Q2 adjusted earnings of $1.34 per diluted share, up from $1.27 a year earlier.

Three analysts polled FactSet expected $1.27.

Revenue for the quarter ended March 28 was $369.6 million, up from $364.5 million a year earlier.

Three analysts polled by FactSet expected $376.4 million.

The company expects fiscal Q3 adjusted earnings of $0.62 to $0.77 per share and revenue of $290 million to $320 million. Three analysts are expecting adjusted earnings of $0.79 per share and revenue of $306.8 million.

For fiscal 2025, the company now expects adjusted earnings of $3.88 to $4.03 per share and revenue of $1.31 billion to $1.38 billion, compared with previous guidance of $3.99 to $4.14 earnings per share and revenue of $1.33 billion to $1.39 billion. Three analysts are expecting adjusted earnings of $4 per share and revenue of $1.35 billion.