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WebMD Announces Fourth Quarter Financial Results
Date:2/18/2010

====== ====== ====== Earnings before interest, taxes, non-cash and other items ("Adjusted EBITDA") (a) $112.3 $150.0 $158.0 Adjusted EBITDA per diluted common share $1.94 $2.27 $2.39 Interest, taxes, non-cash and other items (b) Interest income 9.2 11.0 12.0 Interest expense (23.5) (19.0) (18.0) Depreciation and amortization (28.2) (30.0) (28.0) Non-cash stock-based compensation (39.4) (33.0) (31.0) Non-cash advertising (1.8) - - Severance and other transaction expenses (11.1) - - Gain on repurchases of convertible notes 10.1 - - Other expenses, net (1.4) - - ---- ---- ---- Consolidated pre-tax income from continuing operations 26.2 79.0 93.0 Income tax benefit (provision) 45.5 (34.0) (40.0) ---- ---- ---- Consolidated income (loss) from continuing operations 71.7 45.0 53.0 Income attributable to noncontrolling interest
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