Ormat Technologies (ORA) Misses Q3 EPS by 11c, Revenues Miss; Affirms FY18 Revenue Guidance
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Ormat Technologies Reports Third Quarter 2018 Financial Results
November 6, 2018 6:00 AM ESTTotal Revenue Of $166.5 Million, Electricity Revenue Up 5.4%; Reaffirms 2018 Full Year Guidance
RENO, Nev., Nov. 06, 2018 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (the Company, we, Ormat or us) (NYSE: ORA) today announced financial results for the third quarter ended September 30, 2018.
Total revenues increased nearly 6% and electricity revenues increased more than 5%, commented Isaac Angel, Chief Executive Officer. This steady growth was achieved despite the recent shutdown of our operations at Puna and highlights the diversification we have built into the Ormat operating model and the strength of our... More
