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

September 30, September 30, ------------- -------------- 2009 2008 2009 2008 ---- ---- ---- ---- Revenue Public portal advertising and sponsorship $89,414 $74,658 $232,695 $197,523 Private portal services 22,154 22,139 67,768 65,928 ------ ------ ------ ------ $111,568 $96,797 $300,463 $263,451 ======== ======= ======== ======== Earnings before interest, taxes, non-cash and other items ("Adjusted EBITDA") (a) $33,123 $25,467 $75,029 $60,191 ------- ------- ------- ------- Adjusted EBITDA per basic common share $0.57 $0.44 $1.30 $1.04 ----- ----- ----- ----- Adjusted EBITDA per diluted common share $0.56 $0.43 $1.28 $1.04 ----- ----- ----- ----- Interest, taxes, non-cash and other items (b) Interest income 834 2,616 2,733 8,419 Depreciation and amortization (6,988) (7,056) (20,729) (20,815) Non-cash advertising - (178) (1,753) (1,736) Non-cash stock-based compensation (5,746) (3,512) (17,021) (10,657) Impairment of auction rate securities - - - (27,406) Income tax provision (8,622) (7,375) (15,469) (15,308) ------ ------ ------- ------- Income (loss) from continuing operations
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