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EHealth reports 2Q loss

MOUNTAIN VIEW, Calif. (AP) _ EHealth Inc. (EHTH) on Thursday reported a second-quarter loss of $476,000, after reporting a profit in the same period a year earlier.

On a per-share basis, the Mountain View, California-based company said it had a loss of 3 cents. Earnings, adjusted for one-time gains and costs, were 9 cents per share.

The results met Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of 9 cents per share.

The provider of Internet-based heath insurance agency services posted revenue of $37.3 million in the period, which fell short of Street forecasts. Six analysts surveyed by Zacks expected $38 million.

EHealth shares have climbed 41 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $14.04, a climb of roughly 10 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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