Ormat Q3 electricity revenue up 15%, product down 65%; adj. EPS $0.32; guides FY21 EBITDA $400-410M

ORMAT TECHNOLOGIES, INC.

2021-Q3 EPS reported $0.77 revenue$472,095,000

Electricity segment revenue $142.7M (+15.4% YoY) on acquisitions and Puna recovery; product segment $10.5M (-64.5%) due to COVID.
Adjusted net income $17.8M ($0.32 diluted EPS) vs $15.7M ($0.31) in Q3 2020; GAAP net income $14.9M ($0.26).
Adjusted EBITDA $101.6M (-5.1% YoY) reflecting lower business interruption income and higher G&A; FY21 guidance reiterated at $400-410M.
Product segment backlog grew 13.2% to $66.9M; new supply contracts in Nicaragua and Indonesia signed.
Quarterly dividend of $0.12/share declared, payable Dec 3, 2021.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.