Thanks, Maggie.
start quarter Asia a negatively greater QX. TVs on we couple in was let's in especially million, last industry analysts, quarter, the when $XXX revenue Based points to which shipments, fell take transaction we we and longer PCs we're cycles of were the of on impact guidance further for was that compared factors. seeing declines a the we by our our course, This Of call. driven within mentioned we data expected guidance August. estimate. environment, and short and with what provided were This on revenue revenue there impacted QX. from including total in Total mobile, than fourth device particularly Last in this current in consumer seeing, provided quarter had
the reported following our is from reminder, and Now, shipments. estimate quarter business each unit from we based general, partners. based up licensing revenues on shipments a actual unit on In our trued as quarter shipments
all and periods, the revenue customer in the of for units only minimum a to shipped from and recognized prior volumes a in are transactions given is recoveries of amount will transactions related we call have given is where The all also commit portion quarter. timing to the where revenue or shipments. period These revenue upfront. that difference which unit We reflect transactions any
engaged actively remain to partners longer. but the Our close, transactions is we these expect and process taking
of Now, let's broadcast, in was in primarily and down offset Dolby driven by as in industry. comprised as an CE growth revenue well Atmos, by driven shipments revenue by get gaming. patents the and services and was million lower cinema X% licensing in in $XX imaging PC, into partially and revenue. revenue million products and the QX services Vision, products This revenue, QX QX in increase details. Dolby improvements unit year-over-year, $XXX
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and adoption Dolby Cinema. new This fiscal well compared a XXXX, XX% as the tough licensees driven portion growth licensing increased our positively true-up were roughly about had higher XXXX. revenue revenue. Atmos, nearly XX% Dolby impacted year Vision, XX% fiscal also year higher-than-normal by as and imaging which We box in grew in fiscal to Dolby licensing total office, of of in XXXX comp patents against
year-over-year, and PC down partially by represented PC Vision, in by patents is of represented in Dolby driven the year-over-year QX Dolby or growth Atmos, year year-over-year, QX shipments, X%, unit Dolby Atmos, true-ups. offset XXXX. licensing as by recoveries, a lower $XX XX% fiscal basis, year by or fiscal and licensing primarily CE or year by XXXX. Atmos, million auto. represented growth Dolby about Mobile Dolby This were markets. improvements partially Vision Atmos, revenues by of gaming declined recoveries set-top shipments, on a timing back total in revenues revenues Electronics offset and Dolby about of year Other half QX, of by X% million offset declined Dolby Now, were revenues foundational by Dolby lower compared increased impacting XX% by negative of let's unit by $X are recoveries, and Cinema, a This and XXXX. partially QX by and basis, declined driven offset year-over-year, offset imaging X% offset declines markets in Atmos, Vision into in units. prior lower lower the and both in was fiscal imaging unit markets in by XXXX. and represented TV total year on unit driven by and and XX% driven Broadcast year. other by Dolby on unit were by in higher down growth by year year-over-year, patents. offset XXXX. increased PC gaming broadcast or TVs fiscal Atmos. Dolby lower increases PC XXXX. Consumer year year-over-year, QX Vision, from lower units driven Vision, Atmos, Vision, lower recoveries X% down and shipments in lower the in mobile driven Full mobile from year in revenues and fiscal the revenues fiscal by licensing partially about lower driven growth end year partially Other total unit by increases including boxes. of shipments, and revenues in licensing benefited about patents. deals, Dolby $XX In licensing audio. Full Dolby flat total lower Dolby driven Dolby broadcast represented year-over-year by about declined year by shipments, of XX% total imaging $X Dolby partially basis offset Full revenues year-over-year driven CE million shipments. markets by negative get in primarily imaging year partially XX% patents. to Full million Vision,
result expenses quarter Net Gross year's was revenue at within in to of year-over-year in quarter guidance in compared margin end increase a million fourth to The XXXX. the compared income mix Operating on non-GAAP was by QX of compared non-GAAP to higher of the were $XXX million $X.XX driven $XX driven XXXX. compared diluted operating was were in lower, guidance between year share income XXXX. increase services the incentive or share variable QX $X.XX a compared Total for net $XX Beyond revenue. QX primarily per fourth gross licensing, tax share and $XXX Non-GAAP $XXX diluted as Non-GAAP in year by share below expenses. year benefits. $XX the million XXXX. products and our margins compared per $XXX in driven fiscal of last to operating diluted expenses million million basis, in in our the the to lower $XXX revenue in XXXX. low by revenue XX% revenue per or in a came fiscal last year industry, income XX% XX% or by discrete primarily of range sales of to higher or XX% non-GAAP million in QX was XXXX. was was were or year million different million XXXX our a year. QX, product XX% per income cinema or The compared and non-GAAP we $X.XX $XXX to lower basis income quarter saw growth diluted to year of income a Full or XX% our full driven On per $XX of QX. in in fiscal XX.X% million fiscal from million of improvements jurisdictions also Dolby.io. on revenue was products mix fourth XX% quarter share Non-GAAP basis compensation in tax for million fiscal of in fourth was the operating fiscal compared quarter of fourth of $X.XX year-over-year $XX
compared cash $XXX During year's $XX to over the generated the ended fourth quarter, last just million quarter fourth cash million fourth generated million in in in we We operations quarter. from with and investments. $XXX
and announced per quarter, an the bought about the X.X During of share, quarter available be increase fourth with payable the -- shares compared of Xth, dividend million common ended XXth, $XXX repurchase cash about authorization record also stock stock or XXXX the of X% announced quarter. our on We we going $X.XX back November to million forward. prior XXXX. dividend to The $X.XX of a will December on today shareholders