secwatch.observer — SEC 8-K summary
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Issuer:     ORMAT TECHNOLOGIES, INC. (ORA)
CIK:        0001296445
Form:       8-K
Filed at:   2021-11-04T23:59:59+00:00
Accession:  0001437749-21-025245
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1296445/000143774921025245/0001437749-21-025245-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1296445/000143774921025245/ora20211104_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-025245

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer