Small Cap Stock 5 – WebMD (WBMD)
WebMD Health Corp. (NASDAQ: WBMD) has reversed its fortunes of previous quarters with the announcement early in August that it returned to profitability. The Internet company, which publishes information on health and wellness, posted earnings of $7.7 million, or $0.13 per share, much improved from last year’s loss of $11.7 million, or $0.25 per share, in the equivalent quarter. Analysts had predicted earnings of $0.12, resulting in an 8.33% earnings surprise! The company is forecasting sales in excess of $133 million for the third quarter with continued growth in its advertising business. Shares are up +33% year to date and I expect the run to continue.