{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-004344","form_type":"8-K","ticker":"ORA","cik":"0001296445","company_name":"ORMAT TECHNOLOGIES, INC.","filed_at":"2023-02-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.266915+00:00","generated_at":"2026-06-19T01:58:54.547160+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Ormat reports FY2022 revenue up 10.7% to $734.1M; guides 2023 adjusted EBITDA up to 17%","bullets":["FY2022 total revenue $734.1M (+10.7% YoY); GAAP diluted EPS $1.17 (+6.4%); adjusted diluted EPS $1.63 (+17.1%).","Q4 adjusted EBITDA $124.7M (+7.5% YoY); full-year adjusted EBITDA $435.5M (+8.5%).","2023 guidance: revenue $823M-$858M; adjusted EBITDA $480M-$510M (up to 17% YoY).","Expects ~$150M cash benefit from Inflation Reduction Act in 2023; quarterly dividend $0.12/share maintained.","Recorded $30.5M non-cash impairment on Brawley plant; Heber 1 fire settled, repowering expected Q2 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-004344","json":"https://secwatch.observer/filing/0001437749-23-004344.json","markdown":"https://secwatch.observer/filing/0001437749-23-004344.md","text":"https://secwatch.observer/filing/0001437749-23-004344.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1296445/000143774923004344/0001437749-23-004344-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1296445/000143774923004344/ora20230223_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T01:58:54.547160+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9a7e8c94a09b66fc024b60e342c5feb625ba0817","claim":"ORMAT TECHNOLOGIES, INC. reported the fourth fiscal quarter ended December 31, 2022 results: revenue 205.5, net income $18.0 million, EPS $0.32. Guidance initiated.","evidence_excerpt":"Electricity 165.2 164.3 0.6 % 631.7 585.8 7.8 % Product 32.2 20.3 58.2 % 71.4 46.9 52.2 % Energy Storage & Management Services 8.1 6.4 27.3 % 31.0 30.4 2.1 % Total Revenues 205.5 191.0 7.6 % 734.1 663.1 10.7 % Gross margin (%) Electricity 43.5 % 44.1 % 39.8 % 42.5 % Product 22.8 % 10.6 % 15.3 % 11.8 % Energy Storage & Management Services 11.7 % 16.4 % 21.0","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1296445/000143774923004344/0001437749-23-004344-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth fiscal quarter ended December 31, 2022"},{"label":"Revenue","value":"205.5"},{"label":"Net income","value":"$18.0 million"},{"label":"EPS","value":"$0.32"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"b4b9e756d889a0cff6f9a9383aeac171b6d697d3","claim":"ORMAT TECHNOLOGIES, INC. updated its full year 2023 guidance (initiated).","evidence_excerpt":"Ormat announces full year 2023 Adjusted EBITDA outlook of $480 to $510 million, an increase of up to 17% over 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1296445/000143774923004344/0001437749-23-004344-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2023"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"ce5a1d39843ec7bf102cbb5a131b7a40f4beb1de","claim":"ORMAT TECHNOLOGIES, INC. reported the fiscal year ended December 31, 2022 results: revenue $734.1 MILLION, net income $65.8 million, EPS $1.17. Guidance initiated.","evidence_excerpt":"REPORTS FOURTH QUARTER AND YEAR-END 2022 FINANCIAL RESULTS 2023 OUTLOOK REFLECTS HIGHEST TOTAL REVENUE EVER AND RECORD ADJUSTED EBITDA GROWTH HIGHLIGHTS ● TOTAL REVENUES OF $734.1 MILLION FOR FULL YEAR 2022 INCREASED BY 10.7% YEAR-OVER-YEAR, DRIVEN BY GROWTH IN ALL THREE OPERATING SEGMENTS ● OPERATING INCOME INCREASED BY 10.7% FOR THE FOURTH QUARTER AND 8.3% FOR","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1296445/000143774923004344/0001437749-23-004344-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended December 31, 2022"},{"label":"Revenue","value":"$734.1 MILLION"},{"label":"Net income","value":"$65.8 million"},{"label":"EPS","value":"$1.17"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}