Ormat Technologies Sees FY23 Revenue $825M-$838M Vs $831.77M Est.
Portfolio Pulse from Benzinga Newsdesk
Ormat Technologies has projected its FY23 revenue to be between $825M and $838M, which is slightly below the estimated $831.77M.
November 08, 2023 | 10:10 pm
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NEGATIVE IMPACT
Ormat Technologies' FY23 revenue forecast is slightly below the estimated $831.77M, which may impact investor sentiment.
Ormat Technologies' lower than expected revenue forecast for FY23 may lead to negative investor sentiment, potentially causing a short-term decrease in the stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100