Business Context and Reporting Period
Company: Ormat Technologies, Inc.
Filing Type: Form 8-K (Current Report)
Report Date: February 28, 2017
Reporting Period: Fourth fiscal quarter and full fiscal year ended December 31, 2016.
This filing serves as a notification that the Company has reported its earnings for the specified period. The detailed financial data is 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) which is referenced but not included in the input text.
Non-GAAP Measures: The filing notes that the Company utilizes non-GAAP financial measures in its press release, with reconciliations to GAAP measures provided therein.
Material Changes
The filing text does not provide specific details regarding material changes versus the prior comparable period. Investors must refer to the incorporated press release for comparative analysis.
Guidance, Outlook, and Risks
Forward-Looking Statements: The report contains forward-looking statements regarding future plans, objectives, and expectations. Management cautions that actual results may differ materially due to risks and uncertainties.
Risk Factors: Specific risks are not detailed in this 8-K text but are referenced as being described in the Company's Annual Report on Form 10-K filed on February 26, 2016.
Unusual Items: No unusual items are explicitly described in the text of this filing.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific Q4 and full-year 2016 financial results.
- Examine the reconciliation of non-GAAP financial measures to GAAP measures provided in the press release.
- Consult the Form 10-K filed on February 26, 2016, for a detailed discussion of risk factors.
- Verify the accuracy of forward-looking statements against actual performance in subsequent periods.