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Ormat Technologies Q1 2023 Earnings Report

Ormat Technologies logo
$67.52 +0.40 (+0.60%)
(As of 12/20/2024 05:31 PM ET)

Ormat Technologies EPS Results

Actual EPS
$0.51
Consensus EPS
$0.49
Beat/Miss
Beat by +$0.02
One Year Ago EPS
$0.35

Ormat Technologies Revenue Results

Actual Revenue
$185.20 million
Expected Revenue
$212.86 million
Beat/Miss
Missed by -$27.66 million
YoY Revenue Growth
+0.80%

Ormat Technologies Announcement Details

Quarter
Q1 2023
Time
After Market Closes
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Ormat Technologies Earnings Headlines

Ormat Technologies initiated with a Neutral at Piper Sandler
Media Humiliated: Demo of Elon’s Tech Proves They’re Wrong
Elon Musk believes his new AI product will be worth an incredible $9 trillion. But the mainstream media is not buying it.
Ormat Technologies Announces 3.7 Million Share Secondary Offering
ORIX CORP Reduces Stake in Ormat Technologies Inc
Ormat Technologies falls -7.9%
See More Ormat Technologies Headlines
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About Ormat Technologies

Ormat Technologies (NYSE:ORA) engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, Guadeloupe, New Zealand, Honduras, and internationally. It operates in three segments: Electricity, Product, and Energy Storage. The Electricity segment develops, builds, owns, and operates geothermal, solar photovoltaic, and recovered energy-based power plants; and sells electricity. The Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation; and provides services relating to the engineering, procurement, construction, operation, and maintenance of geothermal and recovered energy-based power plants. This segment serves contractors; and owners and operators of interstate natural gas pipelines, gas processing plants, and cement plants, as well as companies in other energy-intensive industrial processes. The Energy Storage segment offers battery energy storage systems and related services. Ormat Technologies, Inc. was founded in 1965 and is headquartered in Reno, Nevada.

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