12:03 PM EST - QLT Inc. : reports its third-quarter net income plummeted to $8.92 million or $0.16 per share from $146.93 million or $1.97 per share last year. Income from continuing operations for the quarter dipped to $2.24 million or $0.04 per share from $12.14 million or $0.16 per share in the previous year. Non-GAAP loss for the quarter was $4.4 million or $0.08 per share. Net product revenue for the third quarter slid to $8.78 million from $10.87 million in the comparable period. QLT Inc.
shares T.QLT are trading down $0.01 at $3.75.
