09:44 AM EST - Paladin Labs Inc. : reported that its second-quarter net income was $27.73 million or $1.71 per share, compared to $2.60 million or $0.17 per share in the year-ago quarter. Net income before extraordinary gain for the quarter was $1.7 million or $0.11 per share, compared to $2.6 million or $0.17 per share in the second-quarter a year ago. Revenues for the second quarter increased 27% to $26.2 million, from $20.7 million in the second quarter of 2008. Paladin Labs Inc.
shares T.PLB are trading down $0.05 at $19.20.
