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Ormat Q4 Profit Rises, Revenue Falls; Sets Outlook
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Ormat Q4 Profit Rises, Revenue Falls; Sets Outlook
Feb 26, 2025 2:36 PM

05:19 PM EST, 02/26/2025 (MT Newswires) -- Ormat Technologies ( ORA ) reported Q4 adjusted net income late Wednesday of $0.72 per diluted share up from $0.67 a year ago.

Analysts polled by FactSet expected $0.48.

Revenue for the quarter ended Dec. 31 was $230.7 million, down from $241.3 million a year earlier.

Analysts polled by FactSet expected $235.1 million.

For 2025, the company is projecting $935 million to $975 million in revenue. Analysts expected $959.8 million.

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