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AI brief of an SEC Form 8-K · Ormat Technologies (ORA)

Ormat Technologies Q1 revenue rises 21% to $224.2 million; 2024 guidance reiterated

Positive Impact 3 of 5 earnings Written later

Ormat Technologies reported first-quarter 2024 results on May 8, 2024. Total revenues rose 21.0% year over year and diluted EPS rose 25.5% to $0.64, while operating income fell 1.1% to $52.6 million. The company reiterated its full-year 2024 revenue and Adjusted EBITDA guidance and declared a quarterly dividend of $0.12 per share.

Key points

  • Total revenues were $224.2 million, up 21.0% from $185.2 million; diluted EPS was $0.64 versus $0.51.
  • Net income attributable to stockholders was $38.6 million, up 32.9%; operating income was $52.6 million, down 1.1%.
  • Adjusted EBITDA was $141.2 million, up 14.4%; 2024 guidance reiterated at $860 million to $910 million in total revenues and $515 million to $545 million in Adjusted EBITDA.
  • Quarterly dividend of $0.12 per share is payable June 5, 2024, to holders of record as of May 22, 2024.

The filing

CompanyOrmat Technologies (ORA)
Form8-K, current report
Filed with the SECMay 8, 2024, 5:16 PM ET
Accession number0001437749-24-015413

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 08, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.