ORA Q3 2018 Earnings — Ormat Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ORAOrmat Technologies, Inc.

$7B

Q3 2018 Earnings

Utilities Renewable Utilities

Income Statement

Revenue

$166M+5.9% YoY

Gross Profit

$49M29.3% margin

Operating Income

$26M15.6% margin

Net Income

$11M6.4% margin

EPS (Diluted)

$0.21

QoQ Revenue Growth

-6.6%

Cash Flow

Operating Cash Flow

$36M

Free Cash Flow

-$25M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$3.1B

Total Liabilities

$1.6B

Stockholders' Equity

$1.3B

Cash & Equivalents

$72M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$166M	$157M	+5.9%
Gross Profit	$49M	$59M	-17.6%
Operating Income	$26M	$44M	-41.1%
Net Income	$11M	$24M	-55.8%

Revenue Segments

Electricity

$117M70%

Product

$48M29%

Other Revenue

$1M1%