04:02 PM EST - Paladin Labs Inc. : posted first-quarter net income of $3.1 million or $0.20 per share, compared to $1.5 million or $0.10 per share in the prior-year quarter. Revenues for the quarter increased 53 per cent to $25.8 million from $16.8 million in the last year quarter. Paladin Labs Inc.
shares T.PLB are trading up $1.27 at $16.25.