05.08.2014 22:14:45
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WebMD Health Q2 Profit Tops View; Lifts FY14 Revenue Outlook - Quick Facts
(RTTNews) - WebMD Health Corp. (WBMD) Tuesday reported second-quarter net income of $9.7 million or $0.23 per share, compared to $2.6 million or $0.05 per share in the same period last year.
On average, seven analysts polled by Thomson Reuters expected the company to earn $0.19 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues increased 12 percent to $140.40 million from $125.32 million last year, while seven analysts expected revenues of $139.95 million.
Looking ahead to the third quarter, the company has forecast revenues in a range of $140 million to $143 million. Analysts expected revenues of $145.16 million.
For the fiscal year 2014, the company now expects revenues in the order of $570 million to $580 million. Analysts currently expect full-year revenues of $578.43 million.
Earlier, the company expected revenue in the range of $560 million to $575 million.
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