Business Context and Reporting Period
Company: Ormat Technologies, Inc.
Filing Type: Form 8-K (Current Report)
Report Date: May 7, 2013 (Filed May 8, 2013)
Period Covered: First fiscal quarter of 2013
This filing serves as a notification that the company has reported its earnings for the first fiscal quarter of 2013. 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 announcement and does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are located in the attached press release (Exhibit 99.1), which is not included in the input text.
Note: The filing indicates the use of non-GAAP financial measures in the press release, with a reconciliation to GAAP measures provided therein.
Material Changes
The filing text does not provide specific data regarding material changes versus the prior comparable period. Investors must refer to Exhibit 99.1 for comparative financial analysis.
Guidance, Outlook, and Risks
- Forward-Looking Statements: The report contains statements regarding future expectations, estimates, forecasts, and projections based on management's current estimates.
- Risk Factors: Actual results may differ materially from projections due to risks and uncertainties. The filing directs readers to the "Risk Factors" section of the Annual Report on Form 10-K filed on March 11, 2013, for a detailed discussion.
- 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 dated May 7, 2013) for specific Q1 2013 revenue, net income, and cash flow figures.
- Examine the reconciliation of non-GAAP financial measures to GAAP measures within the press release.
- Consult the Form 10-K filed on March 11, 2013, to understand the specific risk factors affecting future projections.
- Verify the company's operational status and any unusual items mentioned in the full press release text.