WebMD Revenue Increase during downturn in economy
There are few areas today where revenue and profits are increasing. Online advertising within health / pharma seems to be one of these areas.
In the financial report for Q4 WebMD announced total increase in revenue with 15% and online ad revenue increase with 21% giving a total Q3 revenue of 111.5 million USD.
"Our fourth quarter results confirm WebMD's market leadership in a challenging business environment. The size and breadth of the overall market opportunity for WebMD remains unchanged," said Wayne Gattinella, President and CEO. "We remain confident in our ability to continue to deliver strong results over the long term."
Posted by Attentif Consulting
