---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-030969"
form_type: "8-K"
ticker: "ORA"
cik: "0001296445"
company_name: "ORMAT TECHNOLOGIES, INC."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T08:50:39.990378+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Ormat Q3 revenue $208M (+18.3%), net income $35.5M (+95.8%); narrows FY guidance

## Summary
- Net income $35.5M ($0.59 diluted EPS) vs $18.1M ($0.32) YoY; adjusted EBITDA $118.3M (+15.8%).
- Electricity segment revenue $157.2M (+2.9%); Product $39.8M (+180.2%); Energy Storage $11.0M (+24.5%).
- Acquiring Enel Green Power North America assets for $271M, expected close Q1 2024, adding ~43 MW geothermal and 40 MW solar.
- Quarterly dividend declared $0.12/share, payable Dec 6, 2023, record Nov 22, 2023.
- Full-year revenue guidance narrowed to $825-838M; adjusted EBITDA $480-495M.

## SEC filing metadata
- accession: 0001437749-23-030969
- form_type: 8-K
- ticker: ORA
- cik: 0001296445
- company_name: ORMAT TECHNOLOGIES, INC.
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1296445/000143774923030969/0001437749-23-030969-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1296445/000143774923030969/ora20231108_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-030969
- JSON: https://secwatch.observer/filing/0001437749-23-030969.json
- Plain text: https://secwatch.observer/filing/0001437749-23-030969.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.