ORA Q3 2019 Earnings — Ormat Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ORAOrmat Technologies, Inc.

$7B

Q3 2019 Earnings

Utilities Renewable Utilities

Income Statement

Revenue

$170M+2.4% YoY

Gross Profit

$55M32.5% margin

Operating Income

$39M22.7% margin

Net Income

$16M9.2% margin

EPS (Diluted)

$0.30

QoQ Revenue Growth

-7.4%

Cash Flow

Operating Cash Flow

$45M

Free Cash Flow

-$30M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.3B

Total Liabilities

$1.8B

Stockholders' Equity

$1.4B

Cash & Equivalents

$98M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$170M	$166M	+2.4%
Gross Profit	$55M	$49M	+13.7%
Operating Income	$39M	$26M	+49.5%
Net Income	$16M	$11M	+47.5%

Revenue Segments

Electricity

$124M97%

Other Revenue

$3M3%

Geographic Segments

Foreign Countries

$90M53%

UNITED STATES

$80M47%