ORAOrmat Technologies, Inc.

$7B

Q2 2020 Earnings

Utilities Renewable Utilities

Income Statement

Revenue

$175M-5.0% YoY

Gross Profit

$65M37.4% margin

Operating Income

$48M27.5% margin

Net Income

$23M13.2% margin

EPS (Diluted)

$0.45

QoQ Revenue Growth

-9.0%

Cash Flow

Operating Cash Flow

$75M

Free Cash Flow

$4M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.4B

Total Liabilities

$1.9B

Stockholders' Equity

$1.4B

Cash & Equivalents

$174M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$175M	$184M	-5.0%
Gross Profit	$65M	$65M	+0.4%
Operating Income	$48M	$47M	+2.5%
Net Income	$23M	$34M	-32.1%

Revenue Segments

Electricity

$129M66%

Product

$64M33%

Energy Storage and Management Services

$3M1%

ORA Q2 2020 Earnings — Ormat Technologies, Inc. Revenue & Financial Results | Market Cap Arena