Ormat Q4 revenue $241M (+17%), EPS $0.59; FY adj EBITDA $482M; guides 2024 EBITDA $515-545M

ORMAT TECHNOLOGIES, INC.

2023-FY EPS reported $2.08 revenue$829,424,000

Q4 2023 total revenue $241.3M (+17.4% YoY); diluted EPS $0.59 (+84.4% YoY).
Full-year 2023 diluted EPS $2.08 (+77.8%); net income $124.4M (+88.9%).
Full-year adjusted EBITDA $481.7M (+10.6% YoY); Q4 adj EBITDA $139.0M (+11.5%).
2024 guidance: revenue $860-910M; adjusted EBITDA $515-545M.
Quarterly dividend declared $0.12 per share, payable March 20, 2024.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ORMAT TECHNOLOGIES, INC. reported fourth quarter and year-end December 31, 2023 results: revenue $241.3 million for Q4 2023; $829.4 million for FY 2023, net income $35.7 million for Q4 2023; $124.4 million for FY 2023, EPS $0.59 diluted EPS for Q4 2023; $2.08 diluted EPS for FY 2023.

Period: fourth quarter and year-end December 31, 2023
Revenue: $241.3 million for Q4 2023; $829.4 million for FY 2023
Net income: $35.7 million for Q4 2023; $124.4 million for FY 2023
EPS: $0.59 diluted EPS for Q4 2023; $2.08 diluted EPS for FY 2023
Result: reported results

Exact text from the filing

On February 21, 2024 Ormat Technologies, Inc. (the "Registrant") reported its earnings for its fourth fiscal quarter and year-end December 31, 2023.

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ORMAT TECHNOLOGIES, INC. filing history →

Source: SEC EDGAR

accession 0001437749-24-005105

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