SAN FRANCISCO (AP) _ Dolby Laboratories Inc. (DLB) on Tuesday reported fiscal third-quarter net income of $39.6 million.

The San Francisco-based company said it had net income of 39 cents per share. Earnings, adjusted for one-time gains and costs, came to 68 cents per share.

The creator and licensor of audio, video and voice technologies posted revenue of $289.6 million in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $295.2 million.

For the current quarter ending in September, Dolby Laboratories expects its per-share earnings to range from 68 cents to 83 cents.

The company said it expects revenue in the range of $295 million to $325 million for the fiscal fourth quarter. Analysts surveyed by Zacks had expected revenue of $327.3 million.

Dolby Laboratories expects full-year earnings in the range of $3.22 to $3.37 per share, with revenue ranging from $1.27 billion to $1.3 billion.

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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