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Ormat Technologies Inc (ORA.N)

ORA.N on New York Stock Exchange

75.56USD
9 Dec 2019
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Latest Key Developments (Source: Significant Developments)

Ormat Technologies Reports Q2 Adjusted Earnings Per Share $0.40
Thursday, 8 Aug 2019 

Aug 7 (Reuters) - Ormat Technologies Inc ::ORMAT TECHNOLOGIES REPORTS SECOND QUARTER 2019 FINANCIAL RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $0.40.Q2 EARNINGS PER SHARE $0.66.Q2 EARNINGS PER SHARE ESTIMATE $0.33 -- REFINITIV IBES DATA.Q2 REVENUE $184.1 MILLION VERSUS REFINITIV IBES ESTIMATE OF $175.6 MILLION.EXCLUDING PUNA, EXPECT FULL-YEAR 2019 TOTAL REVENUES OF BETWEEN $720 MILLION AND $742 MILLION.SEES FY 2019 ADJUSTED EBITDA GUIDANCE BETWEEN $375 MILLION AND $385 MILLION.FY2019 REVENUE VIEW $733.6 MILLION -- REFINITIV IBES DATA.  Full Article

Ormat Technologies Buys 49% Of Ijen Geothermal Project In Indonesia
Tuesday, 2 Jul 2019 

July 2 (Reuters) - Ormat Technologies Inc ::ORMAT TECHNOLOGIES ACQUIRES 49% OF IJEN GEOTHERMAL PROJECT IN INDONESIA.ORMAT TECHNOLOGIES INC - SUBSIDIARY OF MEDCO POWER WILL RETAIN 51% OWNERSHIP IN COMPANY.ORMAT TECHNOLOGIES INC - ORMAT AND MEDCO WILL DEVELOP PROJECT JOINTLY.ORMAT TECHNOLOGIES - GEOTHERMAL PROJECT IS READY FOR EXPLORATION AND COMMERCIAL OPERATION IS EXPECTED AT END OF 2022.  Full Article

Ormat Technologies Reports Quarterly Earnings Per Share $0.36
Wednesday, 27 Feb 2019 

Feb 26 (Reuters) - Ormat Technologies Inc ::QTRLY EARNINGS PER SHARE $0.36 (ADDS CURRENCY).ORMAT TECHNOLOGIES REPORTS FOURTH QUARTER AND FULL YEAR 2018 FINANCIAL RESULTS.Q4 REVENUE $190.5 MILLION VERSUS REFINITIV IBES ESTIMATE OF $182.7 MILLION.EXPECT FULL-YEAR 2019 TOTAL REVENUES BETWEEN $720 MILLION AND $742 MILLION.EXPECT 2019 ADJUSTED EBITDA BETWEEN $370 MILLION AND $380 MILLION FOR FULL YEAR.  Full Article

Ormat Technologies Files Restated Financial Reports
Wednesday, 20 Jun 2018 

June 19 (Reuters) - Ormat Technologies Inc ::ORMAT TECHNOLOGIES FILES RESTATED FINANCIAL REPORTS AND FILES Q1 2018 FINANCIAL REPORT CONTAINING ADJUSTED RESULTS.ORMAT TECHNOLOGIES INC - PREVIOUSLY REPORTED REVENUE, NET INCOME BEFORE TAX AND ADJUSTED EBITDA FOR Q2, Q3, Q4 OF 2017 AND FOR FY 2017 REMAINED UNCHANGED.ORMAT TECHNOLOGIES INC - PREVIOUSLY REPORTED REVENUE, NET INCOME BEFORE TAX AND ADJUSTED EBITDA FOR Q1 OF 2018 REMAINED UNCHANGED.  Full Article

Ormat Provides An Update On The Puna Power Plant In Hawaii Following The Kilauea Volcanic Eruption
Monday, 28 May 2018 

May 28 (Reuters) - Ormat Technologies Inc ::ORMAT PROVIDES AN UPDATE ON THE PUNA POWER PLANT IN HAWAII FOLLOWING THE KILAUEA VOLCANIC ERUPTION.ORMAT TECHNOLOGIES INC SAYS COMPANY CANNOT ASSESS AT THIS STAGE EXTENT OF DAMAGE TO FUTURE FUNCTIONALITY OF HAWAIIAN WELLS.ORMAT TECHNOLOGIES INC - ON MAY 27 APPROACHING LAVA COVERED WELLHEADS OF TWO GEOTHERMAL WELLS.ORMAT TECHNOLOGIES INC - LAVA CONTINUES TO FLOW AND MAY REACH OTHER WELLS AND AREAS OF PUNA FACILITY.  Full Article

Ormat Says It Will Restate Q2, Q3, Q4 And Full-Year 2017 Financial Statements
Wednesday, 16 May 2018 

May 16 (Reuters) - Ormat Technologies Inc ::ORMAT ANNOUNCES THAT IT WILL RESTATE ITS SECOND, THIRD AND FOURTH QUARTER AND FULL-YEAR 2017 FINANCIAL STATEMENTS; ANNOUNCES DELAY IN FILING ITS FIRST QUARTER 2018 FINANCIAL STATEMENTS.FURTHER DELAYING FILING OF QUARTERLY REPORT ON FORM 10-Q FOR ITS Q1 OF 2018 WITH SECURITIES AND EXCHANGE COMMISSION.DECISION TO RESTATE THESE FINANCIAL STATEMENTS IS BASED ON CONCLUSION THAT THERE WERE ERRORS IN INCOME TAX PROVISION.IMPACT OF RESTATEMENT IS PRELIMINARY AND SUBJECT TO CHANGE.ORMAT TECHNOLOGIES -AS RESULT OF RESTATEMENT, INVESTORS SHOULD NO LONGER RELY UPON CO'S PREVIOUSLY ISSUED FINANCIAL STATEMENTS FOR Q2, Q3, Q4 OF 2017.ORMAT TECHNOLOGIES- WILL MAKE REVISIONS TO SAME LINE ITEMS IN CERTAIN QUARTERLY FINANCIAL STATEMENTS FOR 2016 AND ITS FY 2016 AND 2015 FINANCIAL STATEMENT.  Full Article

Ormat Technologies Files Non-Timely 10-Q With U.S. SEC
Saturday, 12 May 2018 

May 11 (Reuters) - Ormat Technologies Inc ::ORMAT TECHNOLOGIES INC FILES NON-TIMELY 10-Q WITH U.S. SEC.ORMAT TECHNOLOGIES INC SAYS HAS DETERMINED THAT IT IS NOT ABLE TO FILE ITS QUARTERLY REPORT ON FORM 10-Q FOR THE QUARTER ENDED MARCH 31, 2018.ORMAT TECHNOLOGIES - MANAGEMENT IDENTIFIED ERROR IN CO’S QUARTER ENDED MARCH 31 FINANCIAL STATEMENT PRESENTATION OF DEFERRED INCOME TAX ASSETS & LIABILITIES.ORMAT TECHNOLOGIES - NETTED SOME DEFERRED INCOME TAX ASSETS & LIABILITIES ACROSS DIFFERENT TAX JURISDICTIONS NOT PERMITTED PURSUANT TO U.S. GAAP.  Full Article

Ormat Technologies to Acquire U.S. Geothermal
Wednesday, 24 Jan 2018 

Jan 24 (Reuters) - Ormat Technologies Inc :​:ORMAT SIGNS DEFINITIVE AGREEMENT TO ACQUIRE U.S. GEOTHERMAL.ORMAT TECHNOLOGIES INC - ‍ORMAT WILL PAY A TOTAL CONSIDERATION OF ABOUT $109.9 MILLION .ORMAT TECHNOLOGIES INC - DEAL FOR $5.45 PER SHARE IN CASH.  Full Article

U.S. Geothermal Agrees To Be Acquired By Ormat Technologies For $5.45 Per Share
Wednesday, 24 Jan 2018 

Jan 24 (Reuters) - Us Geothermal Inc ::U.S. GEOTHERMAL INC. ENTERS INTO DEFINITIVE AGREEMENT TO BE ACQUIRED BY ORMAT TECHNOLOGIES INC. FOR $5.45 IN CASH PER SHARE.US GEOTHERMAL INC - AGREEMENT, HAS BEEN UNANIMOUSLY APPROVED BY BOTH COMPANIES' BOARDS OF DIRECTORS.US GEOTHERMAL INC - TRANSACTION IS NOT SUBJECT TO A FINANCING CONDITION.  Full Article