SAN FRANCISCO (AP) _ Dolby Laboratories Inc. (DLB) on Tuesday reported fiscal second-quarter earnings of $76.2 million.

On a per-share basis, the San Francisco-based company said it had profit of 73 cents. Earnings, adjusted for one-time gains and costs, came to 91 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 67 cents per share.

The creator and licensor of audio, video and voice technologies posted revenue of $319.6 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $297.1 million.

For the current quarter ending in July, Dolby Laboratories expects its per-share earnings to range from 37 cents to 52 cents.

The company said it expects revenue in the range of $260 million to $290 million for the fiscal third quarter. Analysts surveyed by Zacks had expected revenue of $280.1 million.

Dolby Laboratories shares have increased roughly 7% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $103.53, a climb of 77% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DLB at https://www.zacks.com/ap/DLB

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