Business Context and Reporting Period
Company: Ormat Technologies, Inc.
Filing Type: Form 8-K (Current Report)
Report Date: August 8, 2019 (Event Date: August 7, 2019)
Reporting Period: First fiscal quarter ended June 30, 2019.
This filing serves to announce the company's earnings results for the specified quarter. The detailed financial data is contained in a press release furnished as Exhibit 99.1 and incorporated by reference.
Key Financial Metrics
The provided text is a cover sheet for the Form 8-K 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).
Note: The filing text does not provide a clear value for any specific financial metric.
Material Changes
The filing text does not explicitly detail material changes versus the prior comparable period. It only confirms that earnings results for the quarter ended June 30, 2019, have been reported.
Guidance, Outlook, and Risks
- Non-GAAP Measures: The company utilizes non-GAAP financial measures in its press release, with reconciliations to GAAP measures provided therein.
- Forward-Looking Statements: The report includes a Safe Harbor Statement regarding forward-looking statements (plans, objectives, forecasts). Management notes that actual results may differ materially due to risks and uncertainties.
- Risk Factors: Investors are directed to the "Risk Factors" section of the Annual Report on Form 10-K filed on March 1, 2019, for a detailed discussion of uncertainties.
- Update Obligation: The company undertakes no obligation to update or revise forward-looking statements based on new information or future events.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific revenue, net income, and cash flow figures for the quarter ended June 30, 2019.
- Examine the reconciliation of non-GAAP financial measures to GAAP measures within the press release.
- Consult the Form 10-K filed on March 1, 2019, to understand the specific risk factors affecting future projections.
- Verify the trading symbol (ORA) on the NYSE for current market performance relative to the reported earnings.