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EHealth: 1Q Earnings Snapshot

SANTA CLARA, Calif. (AP) _ EHealth Inc. (EHTH) on Thursday reported a loss of $5.2 million in its first quarter.

The Santa Clara, California-based company said it had a loss of 24 cents per share. Earnings, adjusted for one-time gains and costs, came to 33 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.

The provider of internet-based heath insurance agency services posted revenue of $68.8 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $50.7 million.

EHealth expects full-year earnings in the range of $1.54 to $1.73 per share, with revenue in the range of $315 million to $335 million.

EHealth shares have climbed 62 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $62.16, nearly quadrupling 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