Business Context and Reporting Period
Company: Ormat Technologies, Inc.
Filing Type: Form 8-K (Current Report)
Report Date: August 2, 2016
Period Covered: Second fiscal quarter of 2016
This filing serves as a notification that the company has reported its earnings for the second fiscal quarter of 2016. 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 document for the earnings release and does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These figures are located in the attached Exhibit 99.1 (Press Release), which is not included in the input text.
Material Changes
The filing text does not provide specific data regarding material changes versus the prior comparable period. It notes that the press release contains non-GAAP financial measures and a reconciliation to GAAP measures, but the specific variances are not detailed in this document.
Guidance, Outlook, and Risks
- Forward-Looking Statements: The filing includes a Safe Harbor Statement indicating that the press release contains forward-looking statements regarding plans, objectives, and expectations for future operations.
- Risks: Actual results may differ materially from projections due to risks and uncertainties. Investors are directed to the "Risk Factors" section of the Annual Report on Form 10-K filed on February 26, 2016, for a detailed discussion.
- Updates: 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 Q2 2016 revenue, net income, 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 February 26, 2016, for a comprehensive list of risk factors affecting future projections.
- Verify the company's guidance for the remainder of fiscal year 2016 in the full press release text.