SAN FRANCISCO, April 24 (Xinhua) -- U.S. leading audio technology company Dolby Laboratories (Dolby Labs) Tuesday reported profits of 70.6 million U.S. dollars for its fiscal second-quarter (Q2) 2018.

　　Dolby Labs said its total Q2 revenue stood at 301.4 million dollars, up from 267.5 million dollars for the same period of 2017.

　　On a per-share basis, the San Francisco-based company said it had profit of 66 cents for the second quarter of 2018, compared with the 49 cents for the same period of last year.

　　On the basis of non-generally accepted accounting principles (GAPP), Dolby Labs registered a Q2 net income of 83.5 million dollars, or 78 cents per share, compared to 63 cents for the 2017 Q2 period.

　　The company forecasted its total revenue for Q3 of fiscal 2018 at about 310 million dollars to 320 million dollars.

　　For the overall fiscal year of 2018, Dolby Labs said its revenue would range from 1.165 billion dollars to 1.185 billion dollars, while its operating expenses would be estimated between 744 million dollars and 749 million dollars on a GAPP basis, and from 670 million dollars to 675 million dollars on a non-GAPP basis.

　　Kevin Yeaman, president and CEO of Dolby Labs, hailed the company's "solid quarter with growth."

　　"Both Samsung and Huawei adopted Dolby Atmos into their mobile phones, and we have continued expansion of Dolby Cinema entering Japan and adding another major exhibitor in China," he said.

　　Dolby Labs has been geared for an expanded business in China in recent days. Last week, it announced 20 Disney titles created in Dolby's advanced imaging and sound technologies to meet the growing demand of Dolby Cinemas around the world, especially in China.

　　Those new titles to be shown at Dolby Cinemas include live-action and animated films, such as Marvel Studios' "Avengers: Infinity War" and Lucasfilm's "Solo: A Star Wars Story."