WebMd reported fourth-quarter 2008 results after the market closed today, highlighting audience growth and increasing advertising/sponsorship revenues, even as the broader market for online advertising was weak. Revenue grew 15 percent to $111.5 million, EBITDA was essentially flat versus 2007 at $33.8 million, and earnings per share from continuing operations…

WebMD plans to cut its workforce between 4 and 5 percent, according to an 8-K filing. Severance payouts from the layoffs will add a $2.5 million restructuring charge to WebMD’s books in Q4. The company said tech-based operating efficiencies are driving the staff reduction, as well as a push to…

The wildly fluctuating financial markets have doomed a long-planned merger between HLTH Corp. and its majority-owned subsidiary, WebMD. HLTH said the companies’ boards, which both agreed to the termination, felt both sides would benefit from WebMD remaining as a publicly-traded unit, citing its approximately $340 million in cash and investments…

The consolidation in the online health market continues: WebMD (NSDQ: WBMD) is buying online health info site QualityHealth.com and its owner Marketing Technology Solutions (MTS) for $50 million. Another $25 million could be earned based on performance in 2009. MTS, based in Jersey City, NJ, had revenue of about $21…

Health portal WebMD (NSDQ: WBMD) reported revenue of $89.2 million, a 15 percent increase from $77.3 million in the year-ago quarter. Net income from continuing ops of $6.4 million ($.11 per share) were up 25 percent from last year’s $5.1 million ($.09 per share). The company’s core segment, online services,…

WebMD (NSDQ: WBMD), which has already pre-announced its lower guidance for the year, has now announced its Q108 results, and revenue came in at $81.7 million compared to $71.9 million in the prior year period, an increase of 14 percent. Net losses came in at $23.3 million compared to a…

Thinking online health is defensive in the event of a recession? You may want to think again. WebMD (NSDQ: WBMD) is out with a pre-announcement of its annual outlook that is way down from its previous guidance. The company now expects 2008 net income of $29.5-$37.5 million, compared to a…

After announcing just last week that their proposed merger might not happen due to a negotiations impasse, WebMD (NSDQ: WBMD) and its parent HLTH Corp. now say that their deal will go through. The plan calls for each HLTH share to convert into .1979 shares of WebMD and $6.89 in…

WebMD (NSDQ: WBMD), the online health information service, may not be sold back to its parent firm HLTH Corp, due to a “negotiation stalemate”, according to the companies. HLTH owns about 84 percent of WebMD. The two companies indicated in November last year that this transaction would occur, to give…

Health portal WebMD (NSDQ: WBMD) reported Q3 revenue of $87.2 million, up 31 percent from last year’s $66.6 million. Net income increased to $11.5 million ($.19 per share) from $490,000 ($.01 per share) in the year-ago period. Some highlights: —Advertising grew by 36 percent to $59.1 million, while private portal…

WebMD (Nasdaq: WBMD), which provides health information through its online portal, has reported Q2 profits as revenue increased in several segments of its online services business. It earned $5.4 million in Q2, compared with a loss of $853K in the year-ago quarter. Revenues grew to $78.5 million from $56.6 million…

On Tuesday, WebMD (Nasdaq: WBMD) reported that 1Q net income, on a preliminary basis, came in at $706,000 compared to a net loss of $4.2 million for the same period last year. The results are deemed preliminary because the company identified errors in non-cash income tax expense and related deferred…

WebMD (NSDQ: WBMD) Q3 results were buoyed by big gains in advertising, sponsorship and online services revenue. Sales rose 66 percent to $66.6 million but profit fell to $992,000, or 2 cents a share, because of stock-based compensation costs. Excluding that, profit rose 61 percent to $14.6 million or 26…

WebMD Health Corp (NSDQ: WBMD). reported a 48-percent increase in revenues for 1Q06 to $50.1 million compared to $33.8 million in 1Q05 but turned in a net loss of $4.2 million, or 7 cents a share. The quarter swung to a loss due to $5.7 million in stock compensation expense;…

WebMD, the online health information portal and services company, has bought out eMedicine.com, an online publisher of medical reference information for physicians and other healthcare professionals. The purchase price was $25.5 million. eMedicine.com provides physicians and healthcare professionals detailed clinical information relevant to the diagnosis and treatment of various medical…

WebMD, the newly public health information portal company, has bought out Conceptis Technologies, a Montreal-based provider of online and offline medical education and promotion aimed at physicians and other healthcare professionals for $19 million in cash. Conceptis flagship site is TheHeart.org, a subscription news service. It also announced its Q3…

WebMD (NSDQ: WBMD), the health information spinoff from the original WebMD (the other company is now called Emdeon) debuted its IPO today and its stock rose as much as 71 percent in its first day of trading. It opened for trading at $19.80, up from its $17.50 IPO price, then…

The health information spinoff from the main WebMD (NSDQ: WBMD) (now called Emdeon), called WebMd Health, has set pricing on its planned Nasdaq IPO: 6.9 million shares to generate $90 million in working capital. The price will be between $13.50 to $15.50 per share of the Class A stock. The…

WebMD, which is spinning off its online health info websites (WebMD (NSDQ: WBMD) Health) into a separate company, has doubled its IPO target to $100 million, from the earlier $50 million, according to new SEC filings. The filing also said that Citigroup, and Morgan Stanley will be the lead underwriters.…