SUNNYVALE, Calif. (AP) _ Juniper Networks Inc. (JNPR) on Tuesday reported first-quarter net income of $55.7 million, after reporting a loss in the same period a year earlier.

The Sunnyvale, California-based company said it had profit of 17 cents per share. Earnings, adjusted for one-time gains and costs, came to 31 cents per share.

The results did not meet Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share.

The computer network equipment maker posted revenue of $1.17 billion in the period, beating Street forecasts. Six analysts surveyed by Zacks expected $1.16 billion.

For the current quarter ending in July, Juniper expects its per-share earnings to range from 40 cents to 50 cents.

The company said it expects revenue in the range of $1.21 billion to $1.31 billion for the fiscal second quarter. Analysts surveyed by Zacks had expected revenue of $1.25 billion.

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

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