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EHealth reports 3Q loss

MOUNTAIN VIEW, Calif. (AP) _ EHealth Inc. (EHTH) on Thursday reported a third-quarter loss of $5.7 million, 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 31 cents. Losses, adjusted for one-time gains and costs, were 23 cents per share.

The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share.

The provider of Internet-based heath insurance agency services posted revenue of $32.1 million in the period, which also did not meet Street forecasts. Six analysts surveyed by Zacks expected $35.8 million.

EHealth shares have climbed 12 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $11.15, a decline of 4 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 https://www.zacks.com/ap/EHTH

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Keywords: eHealth, Earnings Report

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