Ormat Q3 net income attributable to stockholders rises 32% to $31.9 million

Bitget2026/11/04 21:32

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Ormat Technologies’ third-quarter 2026 net income attributable to stockholders rose 32% year-over-year to $31.9 million.
Revenues climbed 10% to $275.1 million, while Energy Storage revenues more than doubled to $49.9 million.
The potential EGS development pipeline expanded to 5–6 GW, supported by approximately 170,000 acres.
Full-year 2026 revenues are expected between $1.17 billion and $1.2 billion, with the guidance midpoint raised.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ormat Technologies Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611041605PRIMZONEFULLFEED9870460) on November 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Ormat Q3 net income attributable to stockholders rises 32% to $31.9 million

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