Dolby Laboratories reported its Q4 earnings with a revenue of $304.81 million, slightly below the estimated $307.9 million. However, the company beat the earnings per share (EPS) estimate, reporting an adjusted EPS of $0.81 compared to the expected $0.70. The positive earnings report and a strong forecast for 2025 have resulted in a surge in Dolby's shares, which rose by 9.7% post-market to $77.80 and an additional 12.7% pre-market. The company expects non-GAAP earnings for the first fiscal quarter of 2025 to be between $0.96 and $1.11, with revenue ranging from $330 million to $360 million. Licensing revenue is projected to be between $305 million and $335 million. Dolby's recent acquisition of GE Licensing has boosted its imaging patents, and partnerships with Meta and Apple are driving growth. Net income for the quarter was $59 million.