Ormat Technologies Reports First Quarter 2026 Financial Results
RECORD QUARTER WITH 75.8% YEAR-OVER-YEAR REVENUE GROWTH HIGHLIGHTS IMPROVED OPERATING PERFORMANCE, DROVE RECORD REVENUES AND OPERATING INCOME, DELIVERING ADJUSTED EBITDA AND ADJUSTED DILUTED EPS INCREASES OF 29.7% AND 91.2%, RESPECTIVELY ADVANCED OUR EGS STRATEGY, MAKING MEANINGFUL PROGRESS ACROSS BOTH TECHNOLOGY AND COMMERCIAL DEVELOPMENT STRENGTHENED OUR FINANCIAL POSITION, WITH THE CLOSING OF A $1 BILLION CONVERTIBLE NOTES OFFERING AT ATTRACTIVE TERMS ORMAT REITERATES ITS 2026 FULL-YEAR GUIDANCE RENO, Nev., May 06, 2026 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced financial results for the first quarter ended March 31, 2026.