Business Context and Reporting Period
Company: Ormat Technologies, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: November 7, 2017
Reporting Period: Third fiscal quarter of 2017
This filing serves as a notification that the company has reported its earnings for the third fiscal quarter of 2017. The detailed financial results are contained in a press release furnished as Exhibit 99.1 and incorporated by reference.
Key Financial Metrics
Revenue, Profit, Cash Flow, Margins, Debt, and Liquidity: The provided text does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These figures are located in the attached press release (Exhibit 99.1) referenced within this filing.
Non-GAAP Measures: The filing notes that the company is utilizing non-GAAP financial measures in its press release, with a reconciliation to GAAP measures provided therein.
Material Changes
The filing text does not explicitly detail material changes versus the prior comparable period. It directs readers to the press release for the specific results of operations and financial condition for the third fiscal quarter of 2017.
Guidance, Outlook, and Risks
Forward-Looking Statements: The report includes a Safe Harbor Statement indicating that it contains forward-looking statements regarding plans, objectives, and expectations. These are based on management's current estimates and projections.
Risks and Uncertainties: Actual future results may differ materially from projections due to various risks and uncertainties. The filing refers investors to the "Risk Factors" section of the company's Annual Report on Form 10-K filed on March 1, 2017, for a detailed discussion.
Update Obligation: The company undertakes no obligation to update or revise these forward-looking statements based on new information or future events.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific Q3 2017 revenue, earnings, and cash flow figures.
- Examine the reconciliation of non-GAAP financial measures to GAAP measures provided in the press release.
- Consult the Form 10-K filed on March 1, 2017, for a comprehensive list of risk factors affecting future performance.
- Verify the date of the press release (November 7, 2017) to ensure alignment with the reporting period.