Earnings Roundup: Cypress Bioscience, Ormat

Among the earnings stories for Monday, May 11, from AP Financial News:

SAN DIEGO (AP) — Drug developer Cypress Bioscience Inc. said Monday its first-quarter loss widened on lower revenue from collaborations.

RENO, Nev. (AP) — Ormat Technologies Inc., which designs, builds and runs geothermal plants, said Monday its first-quarter profit and sales grew, boosted in large part by contracts for the construction of two large geothermal projects.

NEW YORK (AP) — American Oriental Bioengineering Inc. said Monday its profit fell 17 percent in the first quarter due to much smaller gains on foreign currency exchanges.

DALLAS (AP) — Natural gas distributor Regency Energy Partners LP on Monday said its first-quarter profit surged, driven mainly by a $134 million gain related to the contribution of the Regency Interstate Gas Subsidiary (RIGS) to the company's Haynesville joint venture.

MEMPHIS, Tenn. (AP) — Biopharmaceutical company GTx Inc. said Monday its first-quarter loss narrowed on lower costs as it awaits a Food and Drug Administration decision on the drug candidate toremifene.

MIDDLETOWN, N.Y. (AP) — Cable television company Mediacom Communications Corp. posted a first-quarter profit Monday, boosted by a gain on the sale of cable systems and higher revenue.