Pixar reports favorable second-quarter earnings
Pixar today reported a second-quarter profit of US$10.4 million, or $0.20 per share, compared to $8.8 million, or $0.17 per share, last year. Analysts had expected earnings of $0.11 per share. Revenues were up to $22.8 million for the quarter from $16.7 million the previous year. “Pixar is firing on all cylinders,” CEO Steve Jobs said in a statement.
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