Medical information content vendor WebMD Health Corp. had a strong revenue increase in the first quarter of 2009 but took a loss because of several one-time items.
The New York-based company lost $3.8 million for the quarter ended March 31, compared with a $400,000 profit during the year-ago period. Absent the items, net income would have been $5.1 million. Revenue increased 20 percent to $108 million.
Public portal advertising and sponsorship revenue increased 28 percent, and unique users to the WebMD Health Network rose 33 percent. Private portal revenue fell $1.2 million, or 0.5 percent, to $21.8 million as the number of employer and health plan clients fell by three to 131.
More information is available at webmd.com.
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