WebMD CFO Anevski To Leave Company; Financial Results Expected At High End Of Guidance

By Tomi Kilgore Markets MarketWatch Pulse

WebMD Health Corp. said Tuesday that its chief financial officer, Peter Anevski, is leaving the company. The health information services company named Senior Vice President of Finance Blake DeSimone as CFO. DeSimone joined WebMD in June 2015 from consumer electronics company D+M Holdings where he was CFO. Separately, WebMD said it expects third-quarter and 2016 financial results to be around the high end of its previously-provided guidance. On Aug. 8, WebMD said it expects third-quarter revenue of $168 million to $171 million, compared with the FactSet consensus of $170 million, and 2016 revenue of $695 million to $708 million, compared with expectations of $705.6 million. The stock, which was still inactive in premarket trade, has tacked on 4.4% year to date, while the S&P 500 has gained 5%.

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