Earnings: WBMD Q1 Revenue Up 48 Percent; Loss Widens On Option Charges
By Staci D. Kramer - Tue 02 May 2006 04:06 PM PST
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; without it, net income would have been $1.5 million, or 3 cents a share compared to a loss in 1Q05.
-- The WebMD Health network averaged 29.2 million monthly uniques, up 23 percent, year over year.
-- Advertising and sponsorship revenue was up 44 percent to $32.8 million.
-- Private portal licensing revenue rose 97 percent to $11.4 million.
Earnings release | Webcast (replay)
Posted in: Media, Health Content, Money, Earnings
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