USA, Nevada:

Ormat Technologies Reports 2011 Year End and Fourth Quarter 2011 Results (News Release - Sacramento Bee)

 

 The highlights for the year and recent developments:

• Total revenues increased 17 percent to $437.0 million;
• Operating income of $64.0 million and an Adjusted EBITDA of $166.7 million;
• Net income excluding a non-cash tax-related valuation allowance was $18.8 million;
• The net loss after the valuation allowance was $42.7 million;
• Record Product backlog of approximately $240 million; and
• Completed 26 MW of new geothermal generation.

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