Ormat Technologies Reports Fourth Quarter and Year-End 2023 Financial Results
Ormat Technologies, Inc. (ORA)
Last ormat technologies, inc. earnings: 2/25 04:30 pm
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Source: GlobeNewswire
DELIVERED A 77.8% INCREASE IN ANNUAL DILUTED EPS AND A 25.0% INCREASE IN ANNUAL ADJUSTED DILUTED EPS COMPARED TO PRIOR YEAR COMPANY ON TRACK TO MEET 2026 GENERATING CAPACITY GOALS OF 2.1 TO 2.3 GW HIGHLIGHTS TOTAL REVENUES FOR THE FOURTH QUARTER INCREASED BY 17.4% YEAR-OVER-YEAR DRIVEN BY GROWTH IN BOTH THE ELECTRICITY AND PRODUCT SEGMENTSOPERATING INCOME INCREASED BY 70.8% FOR THE FOURTH QUARTER AND 9.0% FOR THE FULL YEAR COMPARED TO 2022ORMAT ANNOUNCES FULL YEAR 2024 ADJUSTED EBITDA OUTLOOK OF $515 TO $545 MILLION, WITH ADDITIONAL $40 MILLION EXPECTED THROUGH REDUCED TAX EXPENSE AS A RESULT OF ITC BENEFITS RENO, Nev., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (the “Company,” “Ormat,” “we” or “us”), a leading renewable energy company, today announced financial results for the fourth quarter and full year ended December 31, 2023. KEY FINANCIAL RESULTS (Dollars in millions, except per share)Q4 2023Q4 2022Change (%)FY 2023FY 2022 Change (%) GAAP M
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- Ormat Technologies, Inc. to Host Conference Call Announcing First Quarter 2024 Financial ResultsGlobeNewswire
ORA
Earnings
- 2/21/24 - Beat
ORA
Sec Filings
- 4/1/24 - Form 4
- 3/28/24 - Form 144
- 3/27/24 - Form ARS
- ORA's page on the SEC website