paidContent.org - The Economics of Content

Current Story

Earnings: WebMD’s In Q1 Losses On Charges; Revenues Up 14 Percent

By Rafat Ali - Wed 07 May 2008 12:47 PM PST

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 net income of $0.7 million in the year-ago quarter...it says that figure includes a $27.4 million impairment charge related to “a reduction in fair value of the company’s auction rate securities investments.” Excluding that, net income was $4.1 million for the quarter.

Segment wise, online services segment revenue was $78.4 million compared to $68.4 million in the prior year period, an increase of 15 percent. Ad and sponsorship revenue increased 18 percent to $56.1 million. Private portal licensing revenue increased 9 percent to $21.9 million. Publishing and other services’ segment revenue was $3.3 million compared to $3.5 million in the prior year period, a decrease of 7 percent. More details here.

Posted in: Media, Health Content, Money, Earnings

Tags: webmd

Related Research from Alacrastore.com
0 Responses:
  • There are currently no comments for this article.

    Why don't you make one?

Post Your Comment

Mobile Options

» Mobile/BB App
» Mobile/Wap Site

Send a News Tip

About

paidContent.org, flagship of the ContentNext Media network, provides global coverage of the business of digital content.

Rafat Ali
Publisher & Co-Editor

Staci D. Kramer
Co-Editor

David Kaplan
Senior Correspondent

Joseph Weisenthal
Correspondent

Robert Andrews
U.K. Editor

Amanda Natividad
Editorial Producer

EconAds Conference - The Economics of Ad Deals. Tuesday, June 3rd, 2008. The New World Stages, NYC

New Media/Interactive Job Listings

Post Job
More Jobs

Generous Supporters