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Pixar reports record results for 2004

Pixar, the animation studio headed by Apple CEO Steve Jobs, today reported financial results for its fourth quarter and fiscal year ended January 1, 2005. For the year, Pixar earned US$141.7 million, or $2.38 per share, on revenues of $273.5 million. For the quarter, the company earned $55.2 million, or 91 cents per share, on revenues of $108.9 million. “The stellar box office performance of The Incredibles, combined with the continuing success of Finding Nemo on home video, has resulted in our most profitable year to date,” said Jobs. “Looking ahead, The Incredibles’ DVD will be the one to own when it hits shelves on March 15.”

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