ORA Q3 2020 Earnings — Ormat Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ORAOrmat Technologies, Inc.

$7B

Q3 2020 Earnings

Utilities Renewable Utilities

Income Statement

Revenue

$159M-6.8% YoY

Gross Profit

$54M34.0% margin

Operating Income

$52M32.5% margin

Net Income

$16M9.9% margin

EPS (Diluted)

$0.31

QoQ Revenue Growth

-9.1%

Cash Flow

Operating Cash Flow

$85M

Free Cash Flow

$4M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$3.5B

Total Liabilities

$1.9B

Stockholders' Equity

$1.4B

Cash & Equivalents

$197M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$159M	$170M	-6.8%
Gross Profit	$54M	$55M	-2.6%
Operating Income	$52M	$39M	+33.5%
Net Income	$16M	$16M	+0.5%

Revenue Segments

Electricity

$124M69%

Product

$50M28%

Energy Storage and Management Services

$6M3%