Business Context and Reporting Period
Company: Ormat Technologies, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: November 7, 2016
Reporting Period: Third fiscal quarter of 2016
This filing serves as a notification that the company has reported its earnings for the third fiscal quarter of 2016. The detailed financial results are 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 data. The filing states that the press release includes:
- Results of operations and financial condition for Q3 2016.
- Non-GAAP financial measures with a reconciliation to comparable GAAP measures.
Note: Specific values for revenue, profit, cash flow, margins, debt, and liquidity are not present in this text excerpt.
Material Changes
The filing text does not provide specific details regarding material changes versus the prior comparable period. Investors must refer to the attached press release (Exhibit 99.1) for comparative analysis.
Guidance, Outlook, and Risks
Forward-Looking Statements: The filing includes a Safe Harbor Statement indicating that the press release may contain 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. The filing directs readers to the "Risk Factors" section of the company's Annual Report on Form 10-K filed on February 26, 2016, for a detailed discussion of these uncertainties.
Update Obligation: The company states it 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 Q3 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 and outlook statements contained within the press release.