"Independent" Disney's First Quarter Results
The Walt Disney Company has announced its financial results for its
operations excluding its Internet business, GO.com. Disney pro forma
diluted earnings per share excluding GO.com were $0.25 for the quarter
ended December 31, 1999, a 9% increase over the prior year. Disney revenues
increased 5% to $6.8 billion and operating income increased 8% to $1.1
billion. Excluding the retained interest in GO.com, net income increased 7%
to $515 million. Broadcasting results for the quarter were driven up by