03:37 PM EST - Biovail Corp. : reports its second-quarter GAAP net income grew to $33.97 million U.S. or $0.21 U.S. per share from $24.09 million U.S. or $0.15 U.S. per share last year. Excluding Specific Items, earnings per share were US$0.34 in the second quarter of 2010. Total revenues for the three months ended June 30, 2010 were $238.77 million U.S. compared with $193.53 million U.S. for the second quarter of 2009, an increase of 23%. Ten analysts estimated revenues of $213.23 million U.S. for the quarter. Biovail Corp.
shares T.BVF are trading up $0.48 at $23.18.
