Earnings Roundup: Dolby Labs, VeriSign

Among the earnings stories for Thursday, Jan. 31, from AP Financial News:

SAN FRANCISCO (AP) _ Audio technology company Dolby Laboratories Inc. said Thursday its profit for the first quarter of fiscal 2008 jumped 60 percent as a broad-based sales increase offset higher expenses.

MOUNTAIN VIEW, Calif. (AP) _ Hefty charges led to a wider fourth-quarter loss at VeriSign Inc., which manages the ".com" and ".net" Internet domain name registry, the company said Thursday.

BOSTON (AP) _ First Marblehead Corp. posted a steep loss for the fiscal second quarter as buyers for the student-loan bonds the company helps to sell grew scarce, the company said Thursday.

BERWYN, Pa. (AP) _ Payday lender Dollar Financial Corp. on Thursday said it turned a profit in its fiscal second-quarter, reversing a loss last year, as business increased in its check cashing, consumer lending and money transfer segments.

SANTA CLARA, Calif. (AP) _ Affymetrix Inc., which makes the GeneChip system for genetic data analysis, said Thursday its fourth-quarter earnings rose 47 percent to top Wall Street expectations, and forecast 2008 sales well above analysts' consensus estimate.

UNION CITY, Calif. (AP) _ Blood analysis systems company Abaxis Inc. said Thursday its third-quarter profit rose 15 percent, but shares plunged in after-hours trading as the results missed Wall Street expectations.

MURRAY HILL, N.J. (AP) _ Medical device maker CR Bard Inc. said Thursday its fourth-quarter profit surged on a mix of higher sales and lack of hefty legal charges seen a year prior.

SAN FRANCISCO (AP) _ Audio technology company Dolby Laboratories Inc. said Thursday its profit for the first quarter of fiscal 2008 jumped 60 percent as a broad-based sales increase offset higher expenses.

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