Ormat Technologies (ORA) Misses Q3 EPS by 3c, Revenue Beats

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Go back to Ormat Technologies (ORA) Misses Q3 EPS by 3c, Revenue Beats

Ormat Technologies Reports 2015 Third Quarter Results

November 3, 2015 5:51 PM EST

Total Revenues increase 16.1% to a quarterly record of $162.9 million; Adjusted EBITDA increased 14.3% to a quarterly record of $79.0 million; Company Increases Full-Year 2015 Total Revenue and Adjusted EBITDA Guidance

RENO, Nev., Nov. 03, 2015 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) today announced financial results for the third quarter ended September 30, 2015.

Third Quarter Highlights and Recent Developments:

Total revenues increased 16.1% to a quarterly record of $162.9 million, compared to $140.2 million in the third quarter of... More