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WebMD Health (WBMD) Exploring WebMD/Medscape Split, In Addition to Outright Sale

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WebMD Reports First Quarter Financial Results and Reaffirms 2017 Guidance

May 2, 2017 4:01 PM EDT

NEW YORK, May 2, 2017 /PRNewswire/ -- WebMD Health Corp. (NASDAQ: WBMD), the leading source of health information, today announced financial results for the three months ended March 31, 2017.  

"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... More