Dolby lowers guidance; Porsche, Cadillac adding Atmos
Dolby announced its Q2 results on May 1st and delivering lower guidance for the year revised to $1.31 billion (€1.16) to $1.38 billion due to macroeconomic uncertainties, down from the prior $1.33 billion to $1.39 billion range. On the more positive side Dolby CEO Kevin Yeaman told analysts that recent automotive partnerships had expanded significantly. […]