Reno, Nev.-based Meridian said net earnings fell to $5.7 million, or 6 cents per share, from $9 million, or 9 cents per share, in the same period a year ago.
Quarterly revenue rose to $62.2 million from $42.2 million in 2005.
Gold production totaled 74,180 ounces, at a net cash cost of $66 per ounce.
The company incurred additional costs in the quarter related to the acquisition of Minera Florida SA and incentives related to the retirement of CEO Brian J. Kennedy.
Shares of Meridian rose 27 cents to $24.04 in trading Wednesday on the New York Stock Exchange.