MarketBeat
08 Aug 2026, 23:04 UTC · 13w ago
Ormat Technologies Q2 Earnings Call Highlights
Impact · against what's priced in
Ormat Technologies is seeing strong momentum from its energy storage assets and geothermal operations, leading to an upward revision of its full-year revenue and EBITDA guidance. While merchant pricing in the PJM market provided a significant windfall, the guidance raise suggests a sustainable growth trajectory despite expected normalization in storage margins.
- ORA+0.60
No priced-in read yet
- In context
The company raised its full-year revenue outlook to $1.15–$1.2 billion and adjusted EBITDA to $630–$650 million, driven by a 195.1% surge in energy storage revenue.
Read from the article alone
