EXHIBIT 99.3

WebMD CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share data, unaudited)

		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2003			2002			2003			2002
Revenue		$	246,471		$	227,644		$	481,214		$	453,517
Costs and expenses:
	Cost of operations		143,582			135,648			277,962			274,179
	Development and engineering		10,490			11,113			21,502			21,981
	Sales, marketing, general and administrative		71,724			76,511			141,794			155,877
	Depreciation and amortization		16,016			33,033			43,992			65,792
	Impairment of long-lived assets		33,113			609			33,113			609
	Restructuring and integration charge (benefit)		—			1,160			—			(2,590	)
	Other income		1,118			5,866			1,301			5,866
	Interest income		4,994			6,022			10,049			9,162
	Interest expense		2,927			2,954			5,848			3,095
Loss before income tax provision			(25,269	)		(21,496	)		(31,647	)		(50,398	)
	Income tax provision		1,001			713			1,981			1,413
Net loss		$	(26,270	)	$	(22,209	)	$	(33,628	)	$	(51,811	)
Basic and diluted net loss per common share		$	(0.09	)	$	(0.07	)	$	(0.11	)	$	(0.17	)
Weighted-average shares outstanding used in computing basic and diluted net loss per common share			304,001			309,462			303,447			310,565

WebMD CORPORATION
CONSOLIDATED SEGMENT INFORMATION
(In thousands, except per share data, unaudited)

		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2003			2002			2003			2002
Revenues
	Transaction services	$	118,021		$	117,204		$	233,514		$	235,131
	Physician services		76,797			66,068			148,808			132,157
	Portal services		26,538			18,006			48,718			35,140
	Plastic technologies		31,649			31,509			62,187			61,050
	Inter-segment eliminations		(6,534	)		(5,143	)		(12,013	)		(9,961	)
		$	246,471		$	227,644		$	481,214		$	453,517
Income (loss) before taxes, restructuring, non-cash and other items
	Transaction services	$	22,342		$	18,264		$	46,393		$	35,802
	Physician services		6,359			6,234			12,656			12,486
	Portal services		6,192			(2,219	)		10,210			(7,056	)
	Plastic technologies		7,967			8,197			15,247			15,795
	Corporate		(12,381	)		(12,641	)		(24,843	)		(27,248	)
	Interest income		4,994			6,022			10,049			9,162
	Interest expense		(2,927	)		(2,954	)		(5,848	)		(3,095	)
		$	32,546		$	20,903		$	63,864		$	35,846
	Basic and diluted income per common share before taxes, restructuring, non-cash and other items (a)	$	0.11		$	0.07		$	0.21		$	0.12
Taxes, restructuring, non-cash and other items (b)
	Depreciation and amortization	$	(16,016	)	$	(33,033	)	$	(43,992	)	$	(65,792	)
	Amortization of prepaid content and services (included in cost of operations)		(827	)		(750	)		(827	)		(1,724	)
	Amortization of prepaid content and services (included in sales, marketing, general and administrative)		(5,176	)		(5,399	)		(11,322	)		(11,685	)
	Non-cash stock compensation (included in sales, marketing, general and administrative)		(3,801	)		(7,314	)		(7,558	)		(14,890	)
	Impairment of long-lived assets		(33,113	)		(609	)		(33,113	)		(609	)
	Restructuring and integration (charge) benefit		—			(1,160	)		—			2,590
	Income tax provision		(1,001	)		(713	)		(1,981	)		(1,413	)
	Other income		1,118			5,866			1,301			5,866
Net loss		$	(26,270	)	$	(22,209	)	$	(33,628	)	$	(51,811	)
	Basic and diluted net loss per common share	$	(0.09	)	$	(0.07	)	$	(0.11	)	$	(0.17	)
	Weighted-average shares outstanding used in computing basic and diluted net loss per common share		304,001			309,462			303,447			310,565

(a)	Basic and diluted income per common share before taxes, restructuring, non-cash and other items is based on the weighted average shares outstanding used in computing basic and diluted net loss per common share.
(b)	Reconciliation of income before taxes, restructuring, non-cash and other items to net loss.

WebMD CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands)

			June 30,		December 31,
			2003		2002
			(Unaudited)
Assets
Cash and cash equivalents			$	461,530	$	179,541
Short-term investments				216,060		10,888
Accounts receivable, net				178,357		170,467
Inventory				19,724		18,804
Current portion of prepaid content and distribution services				24,944		25,406
Other current assets				21,180		26,197
		Total current assets		921,795		431,303
Marketable debt securities				268,222		449,289
Marketable equity securities				7,504		7,427
Property and equipment, net				89,160		94,737
Prepaid content and distribution services				37,290		48,532
Goodwill				615,488		629,055
Intangible assets, net				50,051		79,536
Other assets				35,801		26,369
			$	2,025,311	$	1,766,248
Liabilities and Stockholders’ Equity
Accounts payable			$	13,880	$	11,494
Accrued expenses				186,280		212,600
Deferred revenue				86,588		81,179
Current portion of long-term debt				—		6,546
	Total current liabilities			286,748		311,819
Convertible subordinated notes				599,999		300,000
Other long-term liabilities				631		628
Stockholders’ equity				1,137,933		1,153,801
			$	2,025,311	$	1,766,248

WebMD CORPORATION
CONSOLIDATED STATEMENTS OF CASH FLOWS
(In thousands, unaudited)

				Six Months Ended
				June 30,
				2003			2002
Cash flows from operating activities:
Net loss				$	(33,628	)	$	(51,811	)
Adjustments to reconcile net loss to net cash provided by operating activities:
	Depreciation and amortization				43,992			65,792
	Impairment of long-lived assets				33,113			609
	Amortization of debt issuance costs				774			374
	Non-cash content and distribution services				12,149			13,409
	Non-cash stock-based compensation				7,558			14,890
	Non-cash portion of restructuring and integration charge				—			617
	Gain on investments				(183	)		(5,866	)
	Changes in operating assets and liabilities:
		Accounts receivable			(5,262	)		2,097
		Inventory			(920	)		1,481
		Prepaid content and distribution services			(445	)		(938	)
		Accounts payable			1,827			(5,108	)
		Accrued expenses			(26,885	)		1,210
		Deferred revenue			478			10,871
		Other, net			4,751			(1,116	)
			Net cash provided by operating activities		37,319			46,511
Cash flows from investing activities:
Proceeds from maturities and sales of available-for-sale securities					2,631			101,826
Proceeds from maturities and redemptions of held-to-maturity securities					102,919			1,055
Purchases of available-for-sale securities					(6,730	)		(201,565	)
Purchases of held-to-maturity securities					(124,931	)		(246,072	)
Purchases of property and equipment					(9,571	)		(14,370	)
Cash paid in business combinations, net of cash acquired					(14,701	)		(2,924	)
			Net cash used in investing activities		(50,383	)		(362,050	)
Cash flows from financing activities:
Proceeds from issuance of common stock					28,578			13,369
Payments of notes payable and other					(6,563	)		(4,021	)
Redemption of Series B Preferred Stock					—			(10,000	)
Purchases of treasury stock					(18,125	)		(88,747	)
Net proceeds from issuance of convertible debt					290,500			292,000
			Net cash provided by financing activities		294,390			202,601
Effect of exchange rates on cash					663			899
Net increase (decrease) in cash and cash equivalents					281,989			(112,039	)
Cash and cash equivalents at beginning of period					179,541			286,273
Cash and cash equivalents at end of period				$	461,530		$	174,234