Studios (Nasdaq: PIXR (http://studio.financialcontent.com/Engine?Account=prnewswire&PageName=QUOTE&Ticker=PIXR)) today 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 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."
The company will discuss its first quarter 2005 earnings results during
the conference call to be held today, Thursday, May 5, 2005, at 5:00 p.m. EDT,
2:00 p.m. PDT. The call, hosted by Pixar's Chairman and Chief Executive
Officer, Steve Jobs, and Executive Vice President and Chief Financial Officer,
Simon Bax, can be accessed by dialing 888-428-4480 (U.S.) or 651-291-5254
(Int'l) approximately 10 minutes prior to the start time. A replay of the
call will be provided through Monday, May 9, 2005 until midnight EDT,
9:00 p.m. PDT. To access the replay, please call 800-475-6701 (U.S.) or
320-365-3844 (Int'l) and reference the reservation code: 778313.
Pixar will also 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 (http://www.pixar.com/investor/index.html)."