Ormat Technologies (ORA) Tops Q4 EPS by 8c, Offers Guidance

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Ormat Technologies Reports Fourth Quarter and Year-End 2023 Financial Results

February 21, 2024 4:27 PM EST

DELIVERED A 77.8% INCREASE IN ANNUAL DILUTED EPS AND A 25.0% INCREASE IN ANNUAL ADJUSTED DILUTED EPS COMPARED TO PRIOR YEAR

COMPANY ON TRACK TO MEET 2026 GENERATING CAPACITY GOALS OF 2.1 TO 2.3 GW

HIGHLIGHTS

TOTAL REVENUES FOR THE FOURTH QUARTER INCREASED BY 17.4% YEAR-OVER-YEAR DRIVEN BY GROWTH IN BOTH THE ELECTRICITY... More