11:38 AM EST - Paladin Labs Inc. : reported its financial results for the quarter ended June 30, 2012. Highlights: Revenues reached $37.1 million, an increase of 3% over the same period last year . Net income was $10.9 million, a 35% decline over the same period last year. Earnings before interest, taxes, depreciation and amortization were $17.2 million, a 6% decline over the same period last year. Paladin Labs Inc.
shares T.PLB are trading down $0.70 at $49.00.