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Earnings roundup: Diodes, Linn Energy

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August 7, 2008

Among the earnings stories for Thursday, Aug. 7, from AP Financial News:

DALLAS (AP) -- Diodes Inc., which makes semiconductors and other electronic components, on Thursday reported an 8 percent rise in second-quarter profit on record sales.

HOUSTON (AP) -- Independent oil and gas company Linn Energy LLC on Thursday reported a second-quarter loss that nearly tripled from a year ago on a significantly higher loss on oil and gas derivatives.

NEW YORK (AP) -- Canadian doughnut-and-coffee chain Tim Hortons Inc. on Thursday said second-quarter profit rose 12 percent as higher same-store sales in Canada and the U.S. boosted results.

NEW YORK (AP) -- Shares of Superior Well Services Inc. jumped Thursday after the oilfield services provider's second-quarter profit easily beat Wall Street's expectations.

NEW YORK (AP) -- Shares of Opnext Inc. rose Thursday after the fiber-optic communication network products maker reported fiscal first-quarter revenue and adjusted earnings above analysts' views and predicted higher-than-expected second-quarter revenue.

NEW YORK (AP) -- Vonage Holdings Corp.'s subscriber growth nearly ground to a halt in the second quarter, as the Internet telephone company said Thursday it gained just 2,000 lines in the period.

CLEVELAND (AP) -- PolyOne Corp., which supplies polymer materials used in the homebuilding, automotive and other industries, said Thursday it swung to a second-quarter profit as earnings from its specialty business rose nearly 70 percent.

NEW YORK (AP) -- CastlePoint Holdings Ltd., a provider of property and casualty insurance and reinsurance, said Thursday its second-quarter earnings fell 2 percent as it recorded losses on investments.

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