Ormat Technologies Reiterates FY24 Revenue Guidance Of $860M-$910M, Est $888.201M
Portfolio Pulse from Benzinga Newsdesk
Ormat Technologies has reaffirmed its revenue guidance for FY24, projecting revenues to be in the range of $860M-$910M, with estimates around $888.201M.
May 08, 2024 | 9:15 pm
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Ormat Technologies reaffirms its FY24 revenue guidance, indicating a stable financial outlook.
Reaffirming revenue guidance can be seen as a positive signal to the market, indicating management's confidence in the company's financial health and future performance. This could lead to increased investor confidence and potentially a positive impact on the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100