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Pixar Posts Profits

By Amid Amidi | Monday, November 2, 1998 at 12:00am
In Business, Business | Headline News | Geographic Region: All

Pixar, the company behind "Toy Story," posted a third quarter net profit of $2.5 million, or $0.02 per share, down from a third quarter profit of $5.3 million last year. The positive profits however did surprise financial analysts who had forecasted a third quarter loss of $0.02 for the third quarter. The upcoming release of "A Bug's Life" is expected to help further rejuvenate Pixar's revenues.


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