SANTA CLARA, Calif. (AP) _ EHealth Inc. (EHTH) on Thursday reported fourth-quarter net income of $88.8 million.

On a per-share basis, the Santa Clara, California-based company said it had net income of $3.58. Earnings, adjusted for one-time gains and costs, came to $4.13 per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.49 per share.

The provider of internet-based heath insurance agency services posted revenue of $301.7 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $248 million.

For the year, the company reported profit of $66.9 million, or $2.73 per share. Revenue was reported as $506.2 million.

EHealth expects full-year earnings in the range of $3.56 to $4.09 per share, with revenue in the range of $580 million to $620 million.

EHealth shares have risen 34% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $129.18, an increase of 96% 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

Automated Insights, source Associated Press News