09:48 AM EST - Patheon Inc. : reported that its second-quarter net income attributable to restricted voting shareholders was $10.9 million U.S. or $0.084 U.S. per share, compared with a loss of $3.2 million U.S., or $0.035 U.S. per share in the same period of 2009. The company said that the latest period results reflect a $13.8-million U.S. release of a tax valuation reserve to the income statement during the second quarter of 2010, partially offset by refinancing expenses of $11.7 million U.S. Prior year results include dividends on the convertible preferred shares of $3.7 million U.S. Revenues for the quarter were $175.4 million U.S., up from $167.4 million U.S. in the same quarter last year. Patheon Inc.
shares T.PTI are trading up $0.07 at $2.58.
