ORA Q1 2020 Earnings — Ormat Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ORAOrmat Technologies, Inc.

$7B

Q1 2020 Earnings

Utilities Renewable Utilities

Income Statement

Revenue

$192M-3.5% YoY

Gross Profit

$82M42.6% margin

Operating Income

$61M31.8% margin

Net Income

$26M13.6% margin

EPS (Diluted)

$0.51

QoQ Revenue Growth

-0.2%

Cash Flow

Operating Cash Flow

$80M

Free Cash Flow

-$619,000

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.4B

Total Liabilities

$1.9B

Stockholders' Equity

$1.4B

Cash & Equivalents

$231M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$192M	$199M	-3.5%
Gross Profit	$82M	$74M	+10.3%
Operating Income	$61M	$54M	+13.6%
Net Income	$26M	$26M	+0.3%

Revenue Segments

Electricity

$143M59%

Product

$97M40%

Energy Storage and Management Services

$2M1%

Geographic Segments

Non-US

$98M100%