Business Context and Reporting Period
Company: Ormat Technologies, Inc.
Filing Type: Form 8-K (Current Report)
Report Date: August 5, 2021 (Event Date: August 4, 2021)
Reporting Period: Second fiscal quarter ended June 30, 2021.
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, which is 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, 2021, have been reported.
Guidance, Outlook, and Management Commentary
- Non-GAAP Measures: The registrant is making reference to non-GAAP financial measures in the associated press release. A reconciliation of these non-GAAP measures to comparable GAAP measures is included in the press release.
- Legal Disclaimer: The information furnished pursuant to Item 2.02, including the press release, is not deemed "filed" for purposes of Section 18 of the Exchange Act and is not subject to liabilities under that section, except as expressly set forth by specific reference.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated August 4, 2021) for specific revenue, earnings, and cash flow figures.
- Examine the reconciliation of non-GAAP to GAAP financial measures provided in the press release to understand adjustments made to reported earnings.
- Verify the operational performance and any specific commentary on the geothermal energy sector or project developments mentioned in the full press release.
- Confirm the liquidity position and debt levels as detailed in the full financial statements referenced in the exhibit.