Ormat Technologies, Inc. (ORA) CEO Isaac Angel on Q3 2019 Results - Earnings Call Transcript

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Q3: 2019-11-06 Earnings Summary

EPS of $0.30 misses by $0.04
 | Revenue of $170.50M (2.41% Y/Y) misses by $606.61K

Ormat Technologies, Inc. (NYSE:ORA) Q3 2019 Earnings Conference Call November 7, 2019 10:00 AM ET

Company Participants

Rob Fink - FNK IR
Isaac Angel - CEO
Doron Blachar - CFO

Conference Call Participants

Noah Kaye - Oppenheimer
Jeffrey Osborne - Cowen and Company

Operator

Good morning and welcome to the Ormat Technologies Q3 2019 Earnings Call. All participants will be in listen-only mode. [Operator Instructions].

I would now like to turn the conference over to Rob Fink, of FNK IR. Please go ahead.

Rob Fink

Thank you, Operator. Hosting the call today are Isaac Angel, Chief Executive Officer; Doron Blachar, Chief Financial Officer; and Smadar Lavi, Vice President of Corporate Finance and Investor Relations. Before beginning, we would like to remind you that the information provided during this call may contain forward-looking statements relating to current expectations, estimates, forecasts and projections about future events that are forward-looking as defined in the Private Securities Litigation Act of 1995 these forward-looking statements generally relate to the company's plans, objectives and expectations for future operations and are based on management's current estimates and projections, future results or trends.

Actual future results may differ materially from those projected as a result of certain risk factors and uncertainties. For a discussion of such risk factors and uncertainties, please see risk factors, as described in Ormat Technologies' Annual Report on Form 10-K and quarterly report on 10-Q that are filed with the SEC.

In addition, during the call, the company will present non-GAAP financial measures, such as adjusted EBITDA and adjusted net income attributable to the company's stockholders. Reconciliations to the most directly comparable GAAP measures and management's reasons for presenting such information is set forth in the press release that was issued last night, as well as in the slides on the company's website. Because these measures are not calculated in

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