Ormat Technologies Reports Fourth Quarter and Year-End 2024 Financial Results
Ormat Technologies, Inc. (ORA)
Last ormat technologies, inc. earnings: 2/25 04:30 pm
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Source: GlobeNewswire
STRATEGIC PORTFOLIO EXPANSION SUPPORTS CONTINUED REVENUE AND ADJUSTED EBITDA GROWTH STRONG FULL-YEAR RESULTS REINFORCES ORMAT’S MOMENTUM, REMAINING ON PACE TO ACHIEVE GENERATING CAPACITY GOALS OF 2.6 TO 2.8 GW BY 2028 HIGHLIGHTS TOTAL REVENUES FOR THE FULL-YEAR INCREASED 6.1% COMPARED TO 2023, DRIVEN BY GROWTH IN ALL THREE SEGMENTSFULL YEAR OPERATING INCOME AND ADJUSTED EBITDA IMPROVED 3.5% AND 14.3%, RESPECTIVELYFOURTH QUARTER NET INCOME AND ADJUSTED NET INCOME IMPROVED BY 14.3% AND 7.7% YEAR-OVER-YEAR, RESPECTIVELYORMAT ANNOUNCES FULL YEAR 2025 OUTLOOK AND GROWTH EXPECTATIONS RENO, Nev., Feb. 26, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading renewable energy company, today announced financial results for the fourth quarter and full year ended December 31, 2024. KEY FINANCIAL RESULTS Q42024Q42023Change (%)12 months 202412 months 2023Change (%) GAAP Measures Revenues ($ millions) Electricity
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News
- Ormat Technologies (NYSE:ORA) had its price target raised by analysts at TD Cowen from $100.00 to $115.00. They now have a "hold" rating on the stock.MarketBeat
- Ormat Technologies (NYSE:ORA) had its "buy" rating reaffirmed by analysts at Jefferies Financial Group Inc..MarketBeat
- Ormat Technologies (ORA): Is the Recent 58% Share Price Jump Justified by Its Valuation? [Yahoo! Finance]Yahoo! Finance
- Ormat Technologies (ORA) Earns Outperform Rating After Beating Q3 Estimates and Boosting Growth Outlook [Yahoo! Finance]Yahoo! Finance
- Ormat Technologies (NYSE:ORA) had its price target raised by analysts at UBS Group AG from $105.00 to $135.00. They now have a "buy" rating on the stock.MarketBeat
ORA
Earnings
- 11/3/25 - Beat
ORA
Sec Filings
- 11/10/25 - Form 4
- 11/10/25 - Form 4
- 11/10/25 - Form 4
- ORA's page on the SEC website