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HLTH Corporation Announces Third Quarter Financial Results
Date:10/30/2008

creased 18% to $26.0 million compared to $21.9 million in the prior year period.

Traffic to the WebMD Health Network continued to grow strongly with an average of 49.9 million unique users per month and total traffic of 1.14 billion page views during the third quarter, increases of 22% and 33%, respectively, from a year ago. In the third quarter, 1.3 million continuing medical education (CME) programs were completed on the WebMD Professional Network, an increase of 76% from the prior year period.

The base of large employers and health plans utilizing WebMD's private Health and Benefits portals during the third quarter was 129 as compared to 112 a year ago. During the quarter, WebMD significantly expanded its relationship with Wal-Mart Stores, Inc. and added Tyco International Management Company, Viacom, Inc., Presbyterian Health Plan, Inc. and Golden Living to its customer base.

Publishing and Other Services segment revenue was $5.8 million for the third quarter compared to $6.5 million in the prior year period, a decrease of 11% primarily related to weakness in the Company's Little Blue Book print product for physicians. Publishing and Other Services segment Adjusted EBITDA was $1.2 million compared to $2.1 million in the prior year period.

Discontinued Operations

HLTH's financial results present the ViPS and Porex businesses as discontinued operations in the current and prior year periods, reflecting the sale of ViPS and the decision to divest Porex. The sale of the ViPS business was completed on July 22, 2008 for $225 million in cash, which resulted in a gain of approximately $92 million, net of income taxes during the current quarter. WebMD's offline professional medical reference and textbook publication business is presented as a discontinued operation in the prior year period, reflecting the sale of that business on December 31, 2007.

Financial Guidance

WebMD provided financial guidance for the three months end
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SOURCE HLTH Corporation
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