MARKET COMPOSITE
ORA - Ormat Technologies Inc7:41:22 PM 4/25/2024
Price
$63.56
-1.43 (-2.20%)
Ormat Technologies Inc. is an American company, a provider of alternative and renewable energy technology based in Reno, Nevada. The company built over 150 power plants and installed over 2,000 MW. As of February 2016 Ormat owns and operates 697 MW of geothermal and recovered energy based power plants. The company's shares have been listed on the Tel Aviv Stock Exchange since 1991, and the New York Stock Exchange since 2004. The company's main production facilities are based in Yavne, Israel. Ormat was established in 1965 as Ormat Turbines Ltd. , in Yavne, Israel, by engineer Lucien Bronicki and wife Yehudit "Dita" Bronicki .
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue241.3MM+16%
Gross Profit78.5MM+31%
Cost Of Revenue162.9MM+10%
Operating Income51.6MM+37%
Operating Expenses26.8MM-
Net Income35.7MM+1%
R&D2.5MM+76%
G&A18.7MM+33%
Marketing4.3MM-8%
Interest Expense25.8MM+3%
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