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Stock impact report

Ormat Technologies Inc (ORA) Reports Strong Earnings Growth and Progress Towards 2026 Goals [Yahoo! Finance]

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: Yahoo! Finance
Net Income Surge : Net income attributable to ORA's stockholders jumped by 98.0% in Q4 and 88.9% annually. Earnings Per Share (EPS) : Diluted EPS for the year rose sharply by 77.8% to $2.08, reflecting robust operational performance. Adjusted EBITDA : Adjusted EBITDA for the year increased by 10.6% to $481.7 million, indicating strong earnings before interest, taxes, depreciation, and amortization. Dividend Policy : ORA declared a quarterly dividend of $0.12 per share, consistent with its commitment to shareholder returns. Capacity Expansion : ORA is on track to meet its 2026 capacity goals of 2.1 to 2.3 GW, with 239MW added since the beginning of 2023. Warning! GuruFocus has detected 5 Warning Signs with ORA. On February 21, 2024, Ormat Technologies Inc ( NYSE:ORA ) released its 8-K filing , detailing a year of substantial financial growth and operational achievements. ORA, a leader in the geothermal energy power business and energy storage solutions, reported a signific Show less Read more
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