This excerpt taken from the WBMD DEF 14A filed Nov 5, 2008.
MANAGEMENTS DISCUSSION AND ANALYSIS
OF FINANCIAL CONDITION AND RESULTS OF OPERATION
This managements 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 WebMDs 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.