WebMD Health (WBMD) 8-K WebMD Announces Preliminary First Quarter Financial Results

Exhibit 99.3

WEBMD HEALTH CORP.
2007 FINANCIAL GUIDANCE SUMMARY
(in millions, except per share amounts)

	Preliminary
	Quarter Ended			Quarter Ended						Quarter Ended						Quarter Ended						Year Ended
	March 31, 2007			June 30, 2007						September 30, 2007						December 31, 2007						December 31, 2007
	Actual			Range						Range						Range						Range(c)
Revenue	$	73.0		$	76.0		$	78.0		$	89.0		$	94.0		$	102.0		$	109.0		$	340.0		$	354.0
Earnings before interest, taxes, depreciation, amortization and other non-cash items (“Adjusted EBITDA”) (a)		12.6			14.1			14.8			20.9			23.0			31.6			34.9			79.2			85.3
Adjusted EBITDA per diluted common share	$	0.21		$	0.24		$	0.25		$	0.35		$	0.38		$	0.53		$	0.58		$	1.32		$	1.42
Interest, taxes, depreciation, amortization and other non-cash items (b)
Interest income		2.0			2.3			2.5			2.7			2.9			2.9			3.2			9.9			10.6
Depreciation and amortization		(6.0	)		(7.4	)		(7.2	)		(7.5	)		(7.9	)		(8.1	)		(8.4	)		(29.0	)		(29.5	)
Non-cash advertising		(2.3	)		—			—			—			—			(3.2	)		(3.0	)		(5.5	)		(5.3	)
Non-cash stock-based compensation		(5.4	)		(6.0	)		(5.8	)		(7.0	)		(6.7	)		(5.3	)		(5.0	)		(23.7	)		(22.9	)
Income tax provision		(0.2	)		(0.5	)		(0.6	)		(1.4	)		(2.0	)		(3.3	)		(3.7	)		(5.4	)		(6.5	)
Net income	$	0.7		$	2.5		$	3.7		$	7.7		$	9.3		$	14.6		$	18.0		$	25.5		$	31.7
Net income per common share:
Basic	$	0.01		$	0.04		$	0.06		$	0.14		$	0.16		$	0.26		$	0.32		$	0.45		$	0.56
							��
Diluted	$	0.01		$	0.04		$	0.06		$	0.13		$	0.16		$	0.24		$	0.30		$	0.43		$	0.53
Weighted-average shares outstanding used in computing net income per common share:
Basic		57.0			57.0			57.0			57.0			57.0			57.0			57.0			57.0			57.0
Diluted		59.6			60.0			60.0			60.0			60.0			60.0			60.0			60.0			60.0

(a)	See Annex A — Explanation of Non-GAAP Financial Measures
(b)	Reconciliation of Adjusted EBITDA to net income
(c)	2007 Revenue Distribution

	Range
Advertising and Sponsorship	$	237.0	$	245.0
Licensing		80.0		85.0
Content syndication and other	$	2.0	$	2.0
Online	$	319.0	$	332.0
Publishing	$	21.0	$	22.0
Total Revenue	$	340.0	$	354.0