{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-013345","form_type":"8-K","ticker":"ORA","cik":"0001296445","company_name":"ORMAT TECHNOLOGIES, INC.","filed_at":"2023-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.303940+00:00","generated_at":"2026-06-15T08:26:05.437396+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Ormat Q1 net income +57.5% to $29M; Adjusted EBITDA +14.5% to $123.5M","bullets":["Electricity segment revenue $170.3M (+4.8% YoY) driven by new assets CD4, Tungsten, Heber 2.","Product segment revenue $10M (-31.4% YoY) on timing; backlog $147M; full-year near high end of guidance.","Energy storage revenue $4.9M (-25.6% YoY) on lower PJM rates; new 19MW storage now operational with ITCs.","2023 guidance: total revenue $823-858M; Adjusted EBITDA $480-510M; quarterly dividend $0.12 payable June 6.","Commenced commercial ops for 25MW North Valley geothermal, 6MW Brady solar, and 19MW storage since Jan 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-013345","json":"https://secwatch.observer/filing/0001437749-23-013345.json","markdown":"https://secwatch.observer/filing/0001437749-23-013345.md","text":"https://secwatch.observer/filing/0001437749-23-013345.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1296445/000143774923013345/0001437749-23-013345-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1296445/000143774923013345/ora20230509_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T08:26:05.437396+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"82ce58706614ad312b1ec64343b23d47d5c49a81","claim":"ORMAT TECHNOLOGIES, INC. reported first quarter ended March 31, 2023 results: revenue 185.2, net income 29.0, EPS 0.51. Guidance initiated.","evidence_excerpt":"Total Revenues 185.2 183.7 0.8 % Gross margin (%) Electricity 44.4 % 41.8 % Product 6.9 % 6.9 % Energy Storage & Management Services (3.6 ) % 13.5 % Gross margin (%) 41.1 % 38.1 % Operating income 53.2 45.1 17.9 % Net income attributable to the Company’s stockholders 29.0 18.4 57.5 % Diluted EPS ($) 0.51 0.33 54.5 %","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1296445/000143774923013345/0001437749-23-013345-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"185.2"},{"label":"Net income","value":"29.0"},{"label":"EPS","value":"0.51"},{"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"}