STAMFORD, Conn. (AP) _ Independence Holding Co. (IHC) on Thursday reported third-quarter net income of $8.7 million.

On a per-share basis, the Stamford, Connecticut-based company said it had profit of 59 cents. Earnings, adjusted for non-recurring gains, came to 34 cents per share.

The insurance company posted revenue of $113.2 million in the period.

Independence Holding shares have dropped 4% since the beginning of the year. The stock has risen slightly more than 3% 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 IHC at https://www.zacks.com/ap/IHC

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