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This excerpt taken from the WBMD DEF 14A filed Nov 5, 2008. MANAGEMENT’S
DISCUSSION AND ANALYSIS
OF FINANCIAL CONDITION AND RESULTS OF OPERATION
This management’s discussion and analysis of financial
condition and results of operations, or MD&A, contains
forward-looking statements that involve risks and uncertainties.
Please see “Forward-Looking Statements” in the proxy
statement to which this
Annex B-3
is attached for a discussion of the uncertainties, risks and
assumptions associated with these statements. The results of
operations for the periods reflected herein are not necessarily
indicative of results that may be expected for future periods,
and our actual results may differ materially from those
discussed in the forward-looking statements as a result of
various factors, including but not limited to the “Risk
Factors” described in Item 1A of our Annual Report on Form
10-K for the
year ended December 31, 2007. In this MD&A, dollar
amounts are stated in thousands.
Except for adjustments to references to where to find the
Consolidated Financial Statements of WebMD, the text of this
MD&A is taken directly from the MD&A included in
WebMD’s Annual Report on
Form 10-K
for the fiscal year ended December 31, 2008 and does not
reflect any events occurring after the filing of that Annual
Report on February 29, 2008.
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