03:43 PM EST - Patheon Inc. : announced today fiscal 2012 second-quarter results. Revenues in the quarter increased to $181.5 million from $170.0 million in the same period last year, an increase of 6.8%. Excluding the $17.4-million benefit from the contract cancellation recorded last year, revenue increased by 18.9%. Gross profit in the quarter increased to $34.0 million from $30.4 million in the same period last year, an increase of 11.8%. Excluding the $17.4-million benefit from prior year's contract cancellation, gross profit increased by 162%. Patheon Inc.
shares T.PTI are trading up $0.18 at $2.07.
