socialmedian: WebMD Looks Healthy, As Profits, Revenues Rise Double Digits

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WebMD Looks Healthy, As Profits, Revenues Rise Double Digits

Source: paidContent.org

Nov 03, 2009

Summary

WebMD’s profits and revenues were up 18.7 percent and 15 percent, respectively, in Q3, as the company was once again able to weather the economic downturn relatively unscathed. The company was helped by selling off one of its weaker spots, WebMD’s print directory business, Little Blue Book at the end of September. The only lackluster performance was its private portal services revenue. The segment was flat at $22.2 million. On the other end though, WebMD’s public portal ad and sponsorship revenue was up 20 percent to $89.4 million.

Earnings release | Webcast (4:45 PM EDT)