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HLTH Corporation Announces Second Quarter Financial Results
Date:7/30/2009

ELMWOOD PARK, N.J., July 30 /PRNewswire-FirstCall/ -- HLTH Corporation (Nasdaq: HLTH) today announced financial results for the three months ended June 30, 2009.

"I am pleased with WebMD's results this quarter. At a time when many internet and media companies are seeing declines in advertising revenue, WebMD continues to experience strong growth," said Martin J. Wygod, Chairman and Acting CEO of HLTH Corporation. "Advertiser demand for our high quality and highly engaged audience is increasing. The strength of the WebMD brand, the size and quality of our audience, the sophisticated set of services we offer our advertisers, and our technology platform and expertise clearly differentiate us from others in the marketplace and provide a solid foundation for growth."

Consolidated Financial Highlights

Revenue for the second quarter was $98.6 million compared to $86.0 million in the prior year period, an increase of 15%. Earnings before interest, taxes, non-cash and other items ("Adjusted EBITDA") for the second quarter was $20.0 million compared to $12.8 million in the prior year period, an increase of 56%.

Income from continuing operations for the second quarter was $700 thousand or $0.01 per share as compared to a loss from continuing operations of $(1.6) million or $(0.01) per share in the prior year period. Loss from discontinued operations was $(12.4) million or $(0.12) per share, compared to $(3.2) million or $(0.02) per share in the prior year period. Net loss was $(11.7) million or $(0.11) per share, compared to $(4.8) million or $(0.03) per share in the prior year period.

HLTH's financial results present Little Blue Book, WebMD's print directory business, and Porex as discontinued operations for current and prior periods, and present ViPS, which
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SOURCE HLTH Corporation
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