Tag Archives: olkaria

Geothermal Leader Ormat Technologies (ORA) Surges On Great Quarter

Ormat Technologies (ORA), the geothermal 800lb gorilla, reported great earnings results this morning beating EPS estimates by .07/share and 33% over the year ago quarter.  Revenues surged 44% over the year ago quarter and beat estimates by $11 million at $99.9 million.  This was a very impressive quarter.  I’ve been wanting to get in on a pull back but it has yet to do so. The stock has now nearly doubled off the March low … Read the rest