SEATTLE (AP) — SEATTLE (AP) — F5 Networks Inc. (FFIV) on Tuesday reported fiscal first-quarter net income of $166.4 million.

On a per-share basis, the Seattle-based company said it had profit of $2.82. Earnings, adjusted for one-time gains and costs, were $3.84 per share.

The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $3.37 per share.

The computer networking company posted revenue of $766.5 million in the period, which also beat Street forecasts. Seven analysts surveyed by Zacks expected $715.8 million.

For the current quarter ending in March, F5 expects its per-share earnings to range from $3.02 to $3.14.

The company said it expects revenue in the range of $705 million to $725 million for the fiscal second quarter.

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