09:52 AM EST - Cangene Corp. : reported net income of $11.3 million or $0.16 per share for the third quarter, up from $3.1 million or $0.04 per share in the same quarter last year. The company attributed the profit growth to higher revenues and improved gross margins. Revenues for the third quarter jumped 127 per cent to $67.3 million from $29.7 million in the prior-year quarter, due to deliveries and activity on U.S. government contracts, and strong commercial product sales. Cangene Corp.
shares T.CNJ are trading even at $5.30.
