Business Context and Reporting Period
Company: Ormat Technologies, Inc.
Filing Type: Form 8-K (Current Report)
Report Date: February 23, 2016
Reporting Period: Fourth fiscal quarter and fiscal year ended December 31, 2015.
Key Financial Metrics
The provided filing text serves as a cover document referencing a press release (Exhibit 99.1) for detailed financial data. The text itself does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. Investors must refer to the attached press release for these figures.
Material Changes
The filing text does not provide specific data regarding material changes versus the prior comparable period. It notes that the Company is making reference to non-GAAP financial measures in the press release, with reconciliations to GAAP measures included therein.
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 February 26, 2015, 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) for specific Q4 and full-year 2015 revenue, earnings, 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, 2015, for a comprehensive list of risk factors affecting future performance.
- Verify the accuracy of forward-looking statements against actual results in subsequent filings.