Business Context and Reporting Period
Company: Ormat Technologies, Inc.
Filing Type: Form 8-K (Current Report)
Report Date: November 4, 2021
Event Date: November 3, 2021
Reporting Period: Second fiscal quarter ended September 30, 2021.
The filing serves as a notification that the company reported its earnings for the specified period. The detailed financial data is contained in a press release furnished as Exhibit 99.1.
Key Financial Metrics
The provided text is a cover sheet and does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are referenced as being available in the attached press release (Exhibit 99.1).
Material Changes
The filing text does not provide specific details regarding material changes versus the prior comparable period. It notes that the company is making reference to non-GAAP financial measures in the press release, with reconciliations to GAAP measures included therein.
Guidance, Outlook, and Risks
Management Commentary: The filing incorporates by reference a press release containing the earnings report and management commentary.
Non-GAAP Measures: The company utilizes non-GAAP financial measures in its reporting, with required reconciliations provided in the exhibit.
Risks and Contingencies: No specific risks or contingencies are detailed in this 8-K text; the document states that the information furnished is not deemed "filed" for purposes of Section 18 of the Exchange Act.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific revenue, earnings, and cash flow figures for the quarter ended September 30, 2021.
- Examine the reconciliation of non-GAAP financial measures to GAAP measures provided in the press release.
- Verify the discrepancy in the exhibit description, which refers to the "third fiscal quarter" while Item 2.02 refers to the "second fiscal quarter" ended September 30, 2021.
- Confirm the company's liquidity position and debt levels as detailed in the full earnings release.