MOUNTAIN VIEW, Calif. (AP) _ EHealth Inc. (EHTH) on Thursday reported profit of $1.5 million in its third quarter.

The Mountain View, California-based company said it had profit of 8 cents per share. Earnings, adjusted for one-time gains and costs, were 17 cents per share.

The results exceeded Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.

The provider of Internet-based heath insurance agency services posted revenue of $41.2 million in the period, which fell short of Street forecasts. Analysts expected $41.8 million, according to Zacks.

EHealth expects full-year earnings in the range of 30 cents to 43 cents per share, with revenue in the range of $185 million to $194 million.

EHealth shares have decreased 51 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $22.60, a decline of 49 percent in the last 12 months.

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This story was generated by Automated Insights using data from Zacks Investment Research. EHTH stock research report from Zacks.

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Keywords:eHealth,Earnings Report

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