Dolby Laboratories (NYSE:DLB) reported quarterly earnings of $0.69 per share which beat the analyst consensus estimate of $0.67 by 2.99 percent. This is a 11.54 percent decrease over earnings of $0.78 per share from the same period last year. The company reported quarterly sales of $304.995 million which missed the analyst consensus estimate of $311.960 million by 2.23 percent. This is a 3.34 percent decrease over sales of $315.546 million the same period last year.