ORA Q2 2019 Earnings — Ormat Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ORAOrmat Technologies, Inc.

$7B

Q2 2019 Earnings

Utilities Renewable Utilities

Income Statement

Revenue

$184M+3.2% YoY

Gross Profit

$65M35.4% margin

Operating Income

$47M25.5% margin

Net Income

$34M18.4% margin

EPS (Diluted)

$0.66

QoQ Revenue Growth

-7.5%

Cash Flow

Operating Cash Flow

$79M

Free Cash Flow

$15M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$3.2B

Total Liabilities

$1.7B

Stockholders' Equity

$1.4B

Cash & Equivalents

$111M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$184M	$178M	+3.2%
Gross Profit	$65M	$57M	+13.4%
Operating Income	$47M	$37M	+28.0%
Net Income	$34M	-$343,000	+9994.5%

Revenue Segments

Electricity

$129M98%

Other Revenue

$3M2%

Geographic Segments

Foreign Countries

$92M100%