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Stock impact report

Ormat Technologies Files Restated Financial Reports and Files Q1 2018 Financial Report Containing Adjusted Results

Ormat Technologies, Inc. (ORA) 
Last ormat technologies, inc. earnings: 2/25 04:30 pm Check Earnings Report
US:NYSE Investor Relations: investor.ormat.com
Company Research Source: GlobeNewswire
RENO, Nev., June 19, 2018 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE:ORA) (“Ormat” or the “Company”) today announced that it has filed an amended (i) Form 10-Q for the period ending June 30, 2017 (ii) Form 10-Q for the period ending September 30, 2017 and (iii) Form 10-K for the year ending December 31, 2017 with the U.S. Securities and Exchange Commission (SEC) to restate its financial results for the second, third and fourth quarters of 2017 and for the full-year of 2017. In addition, the Company has filed its quarterly report on Form 10-Q for the period ending March 31, 2018 with the SEC containing adjustments from the amounts previously reported on May 7, 2018. As previously reported, upon the recommendation of its Audit Committee, Ormat’s Board of Directors determined that the Company should restate prior period financial results based on the Company’s conclusion that there were errors in the income tax provision primarily relating to the Company’s valuation allo Show less Read more
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