Ormat Technologies Reports Fourth Quarter and Year-End 2024 Financial Results
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Ormat Technologies reported strong financial results for Q4 and the full year 2024, with a 6.1% increase in total revenues and significant improvements in operating income and adjusted EBITDA. The company remains on track to achieve its generating capacity goals by 2028.
February 26, 2025 | 9:30 pm
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Ormat Technologies reported a 6.1% increase in total revenues for 2024, with improvements in operating income and adjusted EBITDA. The company is on track to meet its generating capacity goals by 2028.
The reported financial results show strong growth in revenues and earnings, which is positive for Ormat's stock price. The company's strategic expansion and clear path to achieving its capacity goals by 2028 further support a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100