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Gemstar Earnings

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Gemstar International Group Ltd., the Pasadena-based inventor of the VCR-Plus system for recording TV programs, reported a fiscal third-quarter net income of $32.0 million, or 13 cents per share, up from $18.8 million, or 8 cents, a year ago. Revenue rose to $61.8 million from $41.5 million, a trend the company attributed in part to an $18-million fee resulting from the resolution of a dispute with General Instrument. Gemstar also is buying TV Guide Inc. in a stock deal expected to close this quarter.

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