MOUNTAIN VIEW, Calif. (AP) _ EHealth Inc. (EHTH) on Wednesday reported second-quarter net income of $5.8 million.

On a per-share basis, the Mountain View, California-based company said it had net income of 32 cents. Earnings, adjusted for stock option expense and amortization costs, were 44 cents per share.

The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share.

The provider of Internet-based heath insurance agency services posted revenue of $39.9 million in the period, also exceeding Street forecasts. Eight analysts surveyed by Zacks expected $37.4 million.

EHealth shares have decreased 49 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $12.67, a decline of 60 percent 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 EHTH at http://www.zacks.com/ap/EHTH

_____

Keywords: eHealth, Earnings Report