💨 Abstract

Ormat Technologies Inc. reported first-quarter earnings of $40.4 million, or 66 cents per share, beating Wall Street expectations of 58 cents per share. Adjusted earnings were 68 cents per share. However, revenue of $229.8 million fell short of the $233.1 million forecast. The company expects full-year revenue between $935 million and $975 million.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖