Dolby Laboratories (NYSE:DLB) reported quarterly earnings of $1.37 per share which beat the analyst consensus estimate of $1.33 by 3.01 percent. This is a 2.24 percent increase over earnings of $1.34 per share from the same period last year. The company reported quarterly sales of $395.630 million which beat the analyst consensus estimate of $385.801 million by 2.55 percent. This is a 7.05 percent increase over sales of $369.561 million the same period last year.