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WebMD Announces First Quarter Financial Results
Date:5/6/2008

(2,320)

Non-cash stock-based compensation (3,712) (5,363)

Impairment of auction rate securities (27,406) -

Income tax provision (3,104) (210)

Income (loss) from continuing operations (23,335) 735

Loss from discontinued operations,

net of tax - (29)

Net income (loss) $(23,335) $706

Basic income (loss) per common share:

Income (loss) from continuing

operations $(0.40) $0.01

Loss from discontinued operations - (0.00)

Net Income (loss) $(0.40) $0.01

Diluted income (loss) per common share:

Income (loss) from continuing

operations $(0.40) $0.01

Loss from discontinued operations - (0.00)

Net Income (loss) $(0.40) $0.01

Weighted-average shares outstanding

used in computing basic and diluted net

income (loss) per common share:

Basic 57,636 56,976

Diluted 57,636 59,630

(a) See Annex A - Explanation of Non-GAAP Financial Measures

(b) Reconciliation of Adjusted EBITDA to net income (loss)

(c) Three months ended March 31, 2008 Adjusted EBITDA per share is

calculated based on 59,145 diluted shares.

WEBMD HEALTH CORP.

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands, unaudited)

March 31, December 31,


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SOURCE WebMD Health Corp.
Copyright©2008 PR Newswire.
All rights reserved

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