Ormat Technologies (ORA) Tops Q1 EPS by 24c
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Ormat Technologies Reports First Quarter Revenue of $151.6 Million and Adjusted EBITDA of $80.2 Million
May 4, 2016 5:00 PM EDTRENO, Nev., May 04, 2016 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) today announced financial results for the first quarter ended March 31, 2016.
First Quarter Highlights and Recent Developments:
Total revenues of $151.6 million, up 26.1% compared to the first quarter of 2015;Product segment revenues of $43.7 million, up 44.4% compared to the first quarter of 2015;Electricity segment revenues of $107.9 million, up 19.9% compared to the first quarter of 2015;Electricity generation increased 16.4% to 1.4 million MWh;Gross margin increased to 42.1% of total revenues compared to 36.6% in the first quarter... MoreGlobal Cyber Alliance Joins Forces With M3AAWG to Drive Industry Adoption of Cybersecurity Solutions
May 4, 2016 1:14 PM EDTSAN FRANCISCO, CA -- (Marketwired) -- 05/04/16 -- Global Cyber Alliance -- an organization founded by the New York County District Attorney's Office, the City of London Police and the Center for Internet Security -- will be collaborating with M3AAWG to push the security community to more quickly adopt concrete, quantifiable practices that can reduce online threats. The non-profit GCA has joined the Messaging, Malware and Mobile Anti-Abuse Working Group, which develops anti-abuse best practices based on the proven experience of its members, and... More
