WebMD Corp. after Thursday's closing bell reported a second-quarter profit of $16.2 million, or 5 cents a share, compared with $5.8 million, or 2 cents a share, last year. Revenue rose 14% to $322.6 million from $281.9 million a year ago. The company reaffirmed its 2005 forecasts for revenue, income before taxes, non-cash and other items, and net income. It adjusted its per-share view to reflect an increase in the number of outstanding shares after a notes conversion, and sees earnings of 21 cents to 24 cents a share. It also sees third-quarter net earnings of 6 cents to 7 cents a share, adjusted earnings of 13 cents to 14 cents a share on revenue of $325 million to $335 million. WebMD also said it's now operating under the name Emdeon Corp., in a move to differentiate itself from its WebMD Health subsidiary, which is expected to go public. Emdeon will continue to trade under the "HLTH" symbol.
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