STAMFORD, Conn. (AP) _ Independence Holding Co. (IHC) on Tuesday reported third-quarter profit of $17.4 million.

On a per-share basis, the Stamford, Connecticut-based company said it had profit of $1.18. Losses, adjusted to account for discontinued operations, were 79 cents per share.

The insurance company posted revenue of $6.5 million in the period.

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