Dolby Atmos, Vision Set-tops Coming in 2019, CEO Says

Dolby expects the first pay-TV set-top boxes with Dolby Atmos and Vision to hit the market this year, an effort to get more live sports content in each format, said CEO Kevin Yeaman on a call about the quarter ended March 29. Profit rose about 16 percent to $73.4 million from the year-ago quarter, with sales up 13 percent to $338.3 million. Mobile generated 22 percent of revenue; broadcast, 39 percent; among other categories, said Chief Financial Officer Lewis Chew Wednesday evening.