Ormat Technologies(ORA)

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Ormat Technologies(ORA) - 2025 Q1 - Earnings Call Presentation
2025-05-08 13:35
Q1 2025 ORMAT TECHNOLOGIES, INC. EARNINGS CALL MAY 8, 2025 COPYRIGHT © 2025 ORMAT TECHNOLOGIES, INC. 1 SAFE HARBOR STATEMENT AND NON-GAAP METRICS THIS PRESENTATION INCLUDES FORWARD-LOOKING STATEMENTS, AND THE DISCLAIMER SHOULD BE READ CAREFULLY FORWARD-LOOKING STATEMENTS This presentation, and information provided during any discussion accompanying this presentation, may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve ...
Ormat Technologies (ORA) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-05-08 00:05
Core Insights - Ormat Technologies reported revenue of $229.76 million for Q1 2025, a year-over-year increase of 2.5% and an EPS of $0.68, up from $0.65 a year ago [1] - The revenue fell short of the Zacks Consensus Estimate of $233.11 million by -1.44%, while the EPS exceeded the consensus estimate of $0.58 by +17.24% [1] Revenue Breakdown - Product revenue was $31.77 million, below the five-analyst average estimate of $38.92 million, representing a year-over-year increase of +28.1% [4] - Energy storage revenue reached $17.75 million, significantly surpassing the average estimate of $11.78 million, with a year-over-year change of +119.2% [4] - Electricity revenue was $180.24 million, slightly below the average estimate of $183.92 million, reflecting a year-over-year decrease of -5.8% [4] Profitability Metrics - Gross profit from product sales was $7.09 million, compared to the average estimate of $7.28 million [4] - Gross profit from energy storage was $5.43 million, exceeding the average estimate of $2.21 million [4] - Gross profit from electricity was $60.41 million, below the average estimate of $71.39 million [4] Stock Performance - Ormat Technologies' shares returned +8.5% over the past month, compared to the Zacks S&P 500 composite's +10.6% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]
Ormat Technologies (ORA) Surpasses Q1 Earnings Estimates
ZACKS· 2025-05-07 23:20
Ormat Technologies (ORA) came out with quarterly earnings of $0.68 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.65 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 17.24%. A quarter ago, it was expected that this geothermal company would post earnings of $0.47 per share when it actually produced earnings of $0.72, delivering a surprise of 53.19%. Over the last four quarter ...
Ormat Technologies(ORA) - 2025 Q1 - Quarterly Results
2025-05-07 22:00
Exhibit 99.1 ● TOTAL REVENUES AND NET INCOME1 IMPROVED 2.5% AND 4.6%, RESPECTIVELY ● RECORD ADJUSTED EBITDA OF $150.3 MILLION, AN INCREASE OF 6.4% VS LAST YEAR ● ENERGY STORAGE SEGMENT REVENUES INCREASED BY 120% DRIVING MEANINGFUL MARGIN INCREASE ● SIGNED AN AGREEMENT TO ACQUIRE THE 20MW BLUE MOUNTAIN GEOTHERMAL POWER PLANT FROM CYRQ ENERGY ● COMPANY REITERATES ITS 2025 FULL-YEAR GUIDANCE, REFLECTING STRONG EXECUTION AND CONFIDENCE IN THE BUSINESS OUTLOOK Ormat Technologies Contact: Smadar Lavi VP Head of I ...
Ormat Technologies Reports First Quarter 2025 Financial Results
Globenewswire· 2025-05-07 20:15
REVENUE GROWTH AND RECORD QUARTERLY ADJUSTED EBITDA SUPPORT ONGOING STRATEGIC PORTFOLIO EXPANSION HIGHLIGHTS TOTAL REVENUES AND NET INCOME1 IMPROVED 2.5% AND 4.6%, RESPECTIVELYRECORD ADJUSTED EBITDA OF $150.3 MILLION, AN INCREASE OF 6.4% VS LAST YEARENERGY STORAGE SEGMENT REVENUES INCREASED BY 120% DRIVING MEANINGFUL MARGIN INCREASESIGNED AN AGREEMENT TO ACQUIRE THE 20MW BLUE MOUNTAIN GEOTHERMAL POWER PLANT FROM CYRQ ENERGYCOMPANY REITERATES ITS 2025 FULL-YEAR GUIDANCE, REFLECTING STRONG EXECUTION AND CONFI ...
Total number of shares and voting rights at April 30, 2025
Globenewswire· 2025-05-06 16:00
6 May 2025 Orange: information on the total number of shares and voting rights referred to in Article L.233-8 II of the French Commercial Code and Article 223-16 of the General Regulations of the Autorité des Marchés Financiers. In application of Article L. 22-10-46 of the French Commercial Code (Code de commerce), as from 3 April 2016, a double voting right is automatically granted to fully paid-up shares that have been held in registered form and under a single shareholder name for at least two years. Da ...
Aura Declares Dividend of US$0.40 per share and US$0.1333 per BDR based on Q1 2025 Results, resulting in a Dividend Yield of 11%¹ in the LTM
Globenewswire· 2025-05-06 00:13
The Dividend is not subject to withholding taxes at the time of payment by the Company. Rodrigo Barbosa, President & CEO commented, "In 2020, we outlined Aura's strategic vision to the market, focusing on three key pillars: (i) advancing greenfield projects to boost production, (ii) investing in exploration to grow Resources and Reserves, and (iii) pursuing M&A opportunities while also committing to pay dividends to our shareholders. Since then, we have successfully commissioned and ramped up Almas, expande ...
Aura Announces Q1 2025 Financial and Operational Results
Globenewswire· 2025-05-05 23:34
Core Viewpoint - Aura Minerals Inc. has reported its Q1 2025 financial and operational results, highlighting a strong start to the year with expectations for improved performance in upcoming quarters, particularly with the Borborema project entering commercial production in Q3 2025 [2][4]. Financial Performance - Total production in Q1 2025 was 60,087 gold equivalent ounces (GEO), a decrease of 10% from Q4 2024 and 12% from Q1 2024 [2][4]. - Net revenue for Q1 2025 reached $161.8 million, a 23% increase compared to Q1 2024 but a 6% decrease from Q4 2024 [2][6]. - Adjusted EBITDA for Q1 2025 was $81.5 million, marking a 53% increase year-over-year and setting a record high for the company [2][6]. Production Details - The Borborema project has commenced operations and is expected to produce between 33,000 and 40,000 ounces in 2025, with commercial production anticipated by Q3 2025 [4][5]. - Aranzazu produced 20,456 GEO in Q1 2025, a 10% decrease from Q4 2024, primarily due to reduced ore milled and increased maintenance downtime [4][6]. - Minosa's production totaled 17,654 GEO, reflecting a 9% decrease from the previous quarter, attributed to lower ore grades [6]. Cost Metrics - Cash cost per GEO sold was $1,149, a 5% increase from Q4 2024, while All In Sustaining Cost (AISC) was $1,461, up 6% from the previous quarter [2][6]. - The net debt at the end of Q1 2025 was $271.9 million, with a net debt-to-last-12-months EBITDA ratio of 0.92x [2][6]. Market Conditions - The average realized gold sales price in Q1 2025 was $2,786 per ounce, an 8% increase from Q4 2024 and 39% higher than Q1 2024 [6]. - Average copper sales prices rose to $4.26 per pound, reflecting a 3% increase from Q4 2024 and 11% higher than the same period in 2024 [6]. Strategic Outlook - The company is focused on developing efficient operations and has set a benchmark for ESG performance with the Borborema project, which incorporates renewable energy and local water resources [5][6]. - Management anticipates a supportive economic environment for commodity prices in the short to medium term, despite potential volatility [7].
Aura Announces Confidential Submission Of Draft Registration Statement For Proposed U.S. Public Offering
Globenewswire· 2025-05-05 23:16
ROAD TOWN, British Virgin Islands, May 05, 2025 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) (“Aura” or the “Company”) announces that we have confidentially submitted a draft registration statement on Form F-1 to the Securities and Exchange Commission (the "SEC") in the United States relating to a proposed public offering of the Company’s common shares in the United States. The proposed public offering includes the registration and listing of our common shares in the United ...
Orange: Appointments to the Executive Committee of Orange
Globenewswire· 2025-05-05 06:00
Core Points - Orange announces changes in its Executive Committee, appointing Jérôme Hénique as CEO of Orange France and Yasser Shaker as CEO of Orange Middle East and Africa [2][3][4] Group 1: Executive Appointments - Jérôme Hénique will transition from CEO of Orange Middle East and Africa to CEO of Orange France, effective June 1, 2025, while remaining on the Group Executive Committee [2][3] - Yasser Shaker, currently CEO of Orange Egypt, will take over as CEO of Orange Middle East and Africa starting July 1, 2025, and will also join the Group Executive Committee [3][4] Group 2: Leadership Insights - Christel Heydemann, CEO of Orange Group, expressed gratitude towards Jean-François Fallacher for his contributions and confidence in the new appointees, highlighting their experience and potential for growth [4] - Jérôme Hénique has a strong background in the region, having overseen 18 countries and more than 135 million customers, contributing to significant revenue and EBITDAaL growth [6] Group 3: Company Overview - Orange reported revenues of €40.3 billion in 2024 and had a total customer base of 294 million as of March 31, 2025, including 256 million mobile customers [9][10] - The company operates in 26 countries and is recognized as a leading provider of global IT and telecommunications services [11]