Ormat Technologies Reports Fourth Quarter and Full Year 2019 Financial Results; Announces Transition of Senior Management
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Ormat Technologies (ORA) CEO Angel to Retire, Blachar to Succeed
February 25, 2020 4:52 PM ESTOrmat Technologies (NYSE: ORA) announced:
Mr. Angel has decided to retire from his position as Chief Executive Officer, effective July 1, 2020, after six years of successful service to the Company, its employees and its shareholders. It is intended that Mr. Angel will become a member of Ormats Board of Directors before his retirement as Chief Executive Officer and will continue to be employed by the Company through December 31, 2020 in order to assist with the management transition.
Ormats Board of Directors has appointed Mr. Blachar, the Companys President and Chief Financial... More
Ormat Technologies (ORA) Misses Q4 EPS by 28c
February 25, 2020 4:34 PM ESTOrmat Technologies (NYSE: ORA) reported Q4 EPS of $0.24, $0.28 worse than the analyst estimate of $0.52. Revenue for the quarter came in at $192.4 million versus the consensus estimate of $184.41 million.
For earnings history and earnings-related data on Ormat Technologies (ORA) click here.
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