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WebMD Announces Third Quarter Financial Results
Date:11/3/2009

$794,100 $755,932 ======== ======== WEBMD HEALTH CORP. CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands, unaudited) Nine Months Ended September 30, -------------------------------- 2009 2008 ---- ---- Cash flows from operating activities: Net income (loss) $17,690 $(6,217) Adjustments to reconcile net income (loss) to net cash provided by operating activities: Loss (income) from discontinued operations, net of tax 5,100 (1,095) Depreciation and amortization 20,729 20,815 Non-cash advertising 1,753 1,736 Non-cash stock-based compensation 17,021 10,657 Deferred and other income taxes 14,835 14,977 Impairment of auction rate securities - 27,406 Changes in operating assets and liabilities: Accounts receivable 6,010 6,275 Other assets (587) (2,651) Accrued expenses and other long-term liabilities (276) (286) Due to HLTH 951 563 Deferred revenue 4,248 5,367 ----- ----- Net cash provided by continuing operations 87,474 77,547
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