11:58 AM EST - QLT Inc. : reported a profit for the fourth quarter, compared to a loss last year. QLT also issued guidance for fiscal year 2009. For the fourth quarter, the Vancouver-based company reported net income of $5.87 million U.S. or $0.08 U.S. per share, compared with a loss of $46.55 million U.S. or $0.62 U.S. per share in the same quarter last year. Income from continuing operations for the quarter was $5.92 million U.S. or $0.08 U.S. per share, compared with a loss of $45.03 million U.S. or $0.60 U.S. per share in the same quarter last year. Excluding items, net income for the quarter was $5.0 million U.S. or $0.07 U.S. per share. QLT Inc.
shares T.QLT are trading down $0.09 at $2.43.
