12:03 PM EST - Patheon Inc. : announced today its results for the fourth quarter ended October 31, 2010. Revenues for the fourth quarter were $177.7 million or 0.9% higher than the same period last year. Excluding currency fluctuations, current year fourth-quarter revenues would have increased by approximately 5% versus the same period last year. Operating income for the period was $13.3 million, or 7.5% of revenues, down from operating income of $15.4 million, or 8.7% of revenues, in the same period last year. Fourth-quarter adjusted EBITDA was $28.6 million, up from $27.6 million in the comparable period last year. Patheon Inc.
shares T.PTI are trading down $0.04 at $2.22.
