ORA - Ormat Technologies Non-GAAP EPS of $0.51 misses by $0.06 revenue of $185.23M misses by $27.63M

2023-05-09 16:57:04 ET

• Ormat Technologies press release ( NYSE: ORA ): Q1 Non-GAAP EPS of $0.51 misses by $0.06 .
• Revenue of $185.23M (+0.8% Y/Y) misses by $27.63M .
• 2023 Outlook: Total revenues of between $823 million and $858 million.
• Electricity segment revenues between $670 million and $685 million.
• Product segment revenues of between $120 million and $135 million.
• Energy Storage revenues of between $33 million and $38 million.
• Adjusted EBITDA to be between $480 million and $510 million.
• Adjusted EBITDA attributable to minority interest of approximately $36 million.

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