E for Q2 June 30 reported 9/16...
Dow Jones Newswires -- September 16, 1999
DJ Internet Capital Grp 2Q Loss 13c/Shr Vs Net 13c On Gain
Internet Capital Group Inc. - Wayne, Pa.
2nd Quar June 30:
1999 1998
Revenue $4,479,859 $587,422
Net income (11,210,454) a 6,743,695
Avg shrs (basic) 88,595,892 51,081,728
Avg shrs (diluted) 88,595,892 51,081,728
Shr earns (basic)
Net income (.13) a .13
Shr earns (diluted)
Net income (.13) a .13
Figures in parentheses are losses.
a. Includes a gain on the sale of securities.
6 Months June 30:
1999 1998
Revenue $7,590,894 $964,793
Net income a 8,869,509 a 16,012,736
Avg shrs (basic) 80,533,103 48,161,518
Avg shrs (diluted) 82,762,819 48,185,018
Shr earns (basic)
Net income a .11 a .33
Shr earns (diluted)
Net income a .11 a .33
Figures in parentheses are losses.
a. Includes a gain on the sale of securities.
Internet Capital Group Inc. (ICGE), an Internet holding company, expects it will continue to
report losses until the companies it is investing in build their infrastructures and develop
their markets. |
