Ormat: Exceeded Revenue Forecast Creates 40% Return Potential for Investors

Ormat continues its above-average company growth with strong figures for the entire year of 2024. I already reported  about the potential of the market leader in the field of geothermal energy in August and October 2024. After the first half of 2024, Ormat was able to increase its revenues by 15% compared to the previous year, while the average revenue growth had previously been 2.9% per year. This prompted the company to raise its revenue forecast for the entire year of 2024 to $832-858 million. However, even the raised expectations were significantly...