BOSTON (AP) _ Wayfair Inc. (W) on Thursday reported second-quarter net income of $130.4 million.

On a per-share basis, the Boston-based company said it had profit of $1.14. Earnings, adjusted for stock option expense and non-recurring costs, were $1.89 per share.

The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.18 per share.

The online home goods retailer posted revenue of $3.86 billion in the period, missing Street forecasts. Ten analysts surveyed by Zacks expected $3.93 billion.

Wayfair shares have increased 11% since the beginning of the year. The stock has declined 14% 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 W at https://www.zacks.com/ap/W

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