Site icon MacTech.com

Pixar Q2 profit rises on ‘Finding Nemo’ ticket sales

Pixar, the animation studio headed by Apple CEO Steve Jobs, on Thursday reported an increase in second quarter net income driven by the the box office results of the mega hit “Finding Nemo.” For the quarter ended June 28, the company earned US$19.5 million or 34 cents per diluted share, compared to $10.4 million, or 20 cents per share, last year. Revenues were $48.9 million, compared to $22.8 million last year. Revenues for this quarter were driven primarily by $260 million of worldwide box office receipts from “Finding Nemo” (currently at $374 million). “‘Finding Nemo’ has passed ‘The Lion King’ to become the most successful animated film ever released in North America,” said Jobs. “Pixar’s five films have earned over $2.1 billion at the worldwide box office to date, with more to come from Nemo’s international releases, and represent half of the top 10 grossing animated films of all time.”

Exit mobile version