By and  on February 17, 2011

Revlon Inc. saw its fourth-quarter profits surge upward, helped by growth in most of its global markets and a hefty income tax benefit.

For the quarter ended Dec. 31, the beauty firm recorded net income of $296.2 million, or $5.66 a diluted share, versus profits of $12.8 million, or 24 cents a share, in the year-ago period. Stripping out an income tax benefit, the company earned $35.6 million, or 68 cents a diluted share.

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