4Q revenue @ high end of guidance and net positive income of 0.08 per diluted share!
Net loss would have been net income of $4.1 million or $0.08 per diluted share in the current period as compared to net income of $18.0 million or $0.31 per diluted share in the prior year period, without the effect, in the current period, of an after-tax restructuring expense of $5.5 million
Hard to believe this stock is up after these earnings. The outlook is horrendous. Revenues will decline again next year. Not sure what's keep WBMD stock price so high. It should be beneath $10 on this earnings. They have no plan to bring back revenue growth. Just cutting costs. Road to nowhere.
The outlook is horrendous? In what way? Compared to 4 years ago yeah but compared to recent q's not at all. When you produce revenue above what is forecast the stock moves up that is natural unless you are already priced up but there is no way you or anyone else can make the case that an uptick in rev is priced in here at 16.30.
The health information services website posted earnings of 8 cents a share on revenue of $133 million, beating expectations for a loss of 4 cents a share on sales of $124 million. But the company handed in better-than-expected current-quarter revenue guidance, sending shares sharply higher in extended-hours trading.