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EHealth reports 4Q loss

MOUNTAIN VIEW, Calif. (AP) _ EHealth Inc. (EHTH) on Tuesday reported a loss of $12.1 million in its fourth quarter.

On a per-share basis, the Mountain View, California-based company said it had a loss of 67 cents. Losses, adjusted for stock option expense and non-recurring costs, came to 56 cents per share.

The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 49 cents per share.

The provider of Internet-based heath insurance agency services posted revenue of $50.1 million in the period, which topped Street forecasts. Six analysts surveyed by Zacks expected $41.3 million.

For the year, the company reported that its loss narrowed to $4.8 million, or 26 cents per share. Revenue was reported as $189.5 million.

EHealth expects full-year earnings in the range of 38 cents to 68 cents per share, with revenue in the range of $195 million to $203 million.

EHealth shares have climbed 2.5 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $10.23, a climb of slightly more than 7 percent in the last 12 months.

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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 EHTH at http://www.zacks.com/ap/EHTH

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Keywords: eHealth, Earnings Report


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