05:23 PM EDT, 08/06/2024 (MT Newswires) -- Ormat Technologies ( ORA ) reported Q2 adjusted earnings late Tuesday of $0.40 per diluted share, flat from a year earlier.

Analysts polled by Capital IQ expected $0.38.

Revenue for the quarter ended June 30 rose to $213.0 million from $194.8 million a year earlier.

Analysts surveyed by Capital IQ expected $209.5 million.

For 2024, the company said it now expects revenue of $875 million to $910 million, compared with its prior outlook of $860 million to $910 million. The consensus is for $885 million.

The company kept its quarterly dividend at $0.12 per share, payable Sept. 3 to stockholders of record Aug. 20. Ormat ( ORA ) said it expects to pay a similar dividend in the next quarter.