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The Disneyland Report > Disney News > Pixar reports first quarter financial results, prepares for new animation releases Disney NewsPixar reports first quarter financial results, prepares for new animation releasesEMERYVILLE, CA - Pixar Animation Studios has announced financial results for its fiscal first quarter ended April 2, 2005. For the quarter, Pixar reported revenues of $161.2 million and earnings of $81.9 million, or $0.67 per diluted share. These results for Pixar compare to revenues of $53.8 million and earnings of $26.7 million, or $0.23 per diluted share, achieved in the year-ago quarter. These earnings per share calculations reflect the adjusted share count resulting from a 2-for-1 stock split, which took effect April 19, 2005. "We're off to a terrific start with The Incredibles shaping up to be the best selling DVD of 2005," said Pixar CEO Steve Jobs. "Cars is looking great, and we're also very excited about the ten year anniversary re-release of Toy Story on DVD this Fall." Pixar will provide live audio streaming of its first quarter 2005 results conference call. The webcast will be accessible through Pixar's web site at http://www.pixar.com/investor/index.html. About Pixar Animation StudiosPixar Animation Studios combines creative and technical artistry to
create original stories in the medium of computer animation. Pixar has
created six of the most successful and beloved animated films of all
time: Toy Story, A Bug's Life, Toy Story 2, Monsters, Inc., Finding
Nemo and The Incredibles. Pixar has won 18 Academy Awards(R) and its
six films have grossed more than $3.2 billion at the worldwide box office
to date. The Northern California studio will release its next film,
Cars, on June 9, 2006. Source: Pixar Press Release Return to Disney News.
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