ORA Q1 2021 Earnings — Ormat Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ORAOrmat Technologies, Inc.

$7B

Q1 2021 Earnings

Utilities Renewable Utilities

Income Statement

Revenue

$166M-13.4% YoY

Gross Profit

$74M44.3% margin

Operating Income

$50M30.0% margin

Net Income

$15M9.2% margin

EPS (Diluted)

$0.27

QoQ Revenue Growth

-7.3%

Cash Flow

Operating Cash Flow

$69M

Free Cash Flow

-$19M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.9B

Total Liabilities

$1.9B

Stockholders' Equity

$1.8B

Cash & Equivalents

$377M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$166M	$192M	-13.4%
Gross Profit	$74M	$82M	-10.0%
Operating Income	$50M	$61M	-18.3%
Net Income	$15M	$26M	-41.4%

Revenue Segments

Electricity

$145M74%

Product

$37M19%

Energy Storage and Management Services

$13M7%