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Disney News
Pixar announces second quarter results, praises The Incredibles DVD sales, anticipates next film 'Cars'
Pixar Animation Studios today announced financial results for its fiscal second quarter ended July 2, 2005. For the quarter, Pixar reported revenues of $26.4 million and earnings of $12.7 million, or $0.10 per fully diluted share. Revenues for the six months ended July 2, 2005 were $187.7 million, and earnings were $94.6 million, or $0.77 per fully diluted share.
"We're very pleased with the overall performance of The Incredibles, which is by far the highest-selling DVD in 2005," said Pixar CEO, Steve Jobs. "Cars is almost completed and is looking fantastic, and we have no doubt that it will be one of our best films to date."
A replay of the second quarter 2005 earnings conference call, hosted by Pixar's Chairman and Chief Executive Officer, Steve Jobs, and Executive Vice President and Chief Financial Officer, Simon Bax, will be provided through Thursday, August 11, 2005 until midnight EDT. To access the replay, please call 800-475-6701 (U.S.) or 320-365-3844 (Int'l) and reference the reservation code: 789073.
Pixar will also provide live audio streaming of its second 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 Studios
Pixar 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 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.
