LOGO
LOGO

Earnings News

Ormat Tech. Turns To Loss In Q4 - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Ormat Technologies Inc. (ORA) reported fourth-quarter 2011 net loss of $43.08 million or $0.95 per share, compared with an income of $4.5 million, or $0.10 per share last year.

Total revenues for the quarter increased 33.3 percent to $123.7 million from $92.8 million in the 2010 fourth quarter.

On average, 8 analysts polled by Thomson Reuters expected earnings per share of $0.13 on $110.46 million revenue for the quarter. Analysts' estimates typically exclude one-time items.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.