WebMD Health (WBMD) Tops Q1 EPS by 3c; Reaffirms Outlook
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WebMD Health (NASDAQ: WBMD) reported Q1 EPS of $0.30, $0.03 better than the analyst estimate of $0.27. Revenue for the quarter came in at $154.1 million versus the consensus estimate of $152.64 million.
"As expected, our first quarter results were below last year's reflecting a more challenging macro environment for many of our biopharma customers and disappointing sales in 2016 in our Health Services business," said Dr. Steven Zatz, CEO of WebMD. "We remain focused on restoring WebMD's growth by providing the highest-quality health content, guidance and tools for both consumers and healthcare professionals, as well as delivering superior results for our advertisers and value for our shareholders."
For earnings history and earnings-related data on WebMD Health (WBMD) click here.
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