SANTA CLARA, Calif. (AP) _ EHealth Inc. (EHTH) on Thursday reported a loss of $18.4 million in its second quarter.
On a per-share basis, the Santa Clara, California-based company said it had a loss of 86 cents. Losses, adjusted for one-time gains and costs, were 45 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 61 cents per share.
The provider of internet-based heath insurance agency services posted revenue of $96.6 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $90.6 million.
EHealth expects full-year earnings in the range of $2.77 to $3.26 per share, with revenue in the range of $660 million to $700 million.
EHealth shares have declined 21% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $56.02, a decline of 20% 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 https://www.zacks.com/ap/EHTH
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