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8-K - FORM 8-K - WebMD Health Corp. | g26823e8vk.htm |
EX-99.2 - EX-99.2 - WebMD Health Corp. | g26823exv99w2.htm |
EX-99.3 - EX-99.3 - WebMD Health Corp. | g26823exv99w3.htm |
Exhibit 99.1
Contacts:
Investors and Media:
Risa Fisher
rfisher@webmd.net
212-624-3817
Investors and Media:
Risa Fisher
rfisher@webmd.net
212-624-3817
WebMD First Quarter Results to Exceed Analyst Estimates
New York, NY (April 12, 2011) WebMD Health Corp. (Nasdaq: WBMD), the leading source of health
information, today announced that it expects that its results for the quarter ended March 31, 2011
will exceed First Call consensus analyst estimates of $126.2 million for revenue and $34.0 million
for earnings before interest, taxes, non-cash and other items (Adjusted EBITDA).
WebMD also reaffirmed the financial guidance for calendar year 2011 that it provided on February
23, 2011, adjusted only for the effects on income from continuing operations and income from
continuing operations per share resulting from WebMDs issuance of its 2.25% Convertible Notes due
2016 in March 2011. The issuance of these Notes was not contemplated when the guidance was issued
in February 2011. WebMD is providing a schedule (attached to this press release) that updates the
previous guidance for the impact of the 2.25% Notes.
Traffic to the WebMD Health Network continued to grow, reaching an average of 97.7 million unique
users per month and total traffic of 2.05 billion page views during the first quarter, increases of
19% and 14%, respectively, from a year ago. The March 2011 quarter is the first quarter where
drugs.com (the Companys largest affiliate site) is included in both the current and prior year
period.
As previously announced, WebMD will release its first quarter results on Thursday, May 5, 2011, at
approximately 4:00 p.m. (Eastern time) and will hold a conference call with investors and analysts
to discuss its first quarter results at 4:45 p.m. (Eastern time) on that day. The call can be
accessed at www.wbmd.com (in the Investor Relations section). A replay of the audio webcast will be
available at the same web address.
About WebMD
WebMD Health Corp. (Nasdaq: WBMD) is the leading provider of health information services, serving
consumers, physicians, healthcare professionals, employers, and health plans through our public and
private online portals, mobile platforms and health-focused publications. The WebMD Health Network
includes WebMD Health, Medscape, MedicineNet, emedicineHealth, RxList, theheart.org, drugs.com and
Medscape Education.
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All statements contained in this press release and the related analyst and investor conference
call, other than statements of historical fact, are forward-looking statements, including those
regarding: guidance on our future financial results and other projections or measures of our
future performance; market opportunities and our ability to capitalize on them; and the benefits
expected from new or updated products or services and from other potential sources of additional
revenue. These statements speak only as of the date of this press release, are based on our current
plans and expectations, and involve risks and uncertainties that could cause actual future events
or results to be different than those described in or implied by such forward-looking statements.
These risks and uncertainties include those relating to: market acceptance of our products and
services; our relationships with customers and strategic partners; and changes in economic,
political or regulatory conditions or other trends affecting the healthcare, Internet and
information technology industries. Further information about these matters can be found in our
Securities and Exchange Commission filings. Except as required by applicable law or regulation, we
do not undertake any obligation to update our forward-looking statements to reflect future events
or circumstances.
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This press release, and the accompanying tables, include both financial measures in accordance with
accounting principles generally accepted in the United States of America, or GAAP, as well as
certain non-GAAP financial measures. The tables attached to this press release include
reconciliations of these non-GAAP financial measures to GAAP financial measures. In addition, an
Explanation of Non-GAAP Financial Measures is attached to this press release as Annex A.
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WebMD®, Medscape®, eMedicine®, MedicineNet®, RxList®, Subimo®, Medsite®, Summex® and Medscape®
Mobile are trademarks of WebMD Health Corp. or its subsidiaries.
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