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Dolby Labs Income, Revenue Jump

By Doug Olenick -- TWICE, 2/2/2007

San Francisco — Dolby Laboratories reported a gain in revenue a net income for its first fiscal quarter of 2007, ended Dec. 29.

The company’s net income rose to $29.8 million from $17 million on sales of $104 million, up from the $91 million generated during the same period last year.

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