Ormat Technologies Earnings: Steady Growth and a New Customer

Getting an encore performance from Ormat Technologies (NYSE: ORA) this past quarter wasn't likely after its impressive first quarter. This past quarter was good enough in its own right, though. The company continues to operate its geothermal power stations well, and its power plant equipment sales remained steady. The only thing it needs now is more customers to which it can sell power, and Ormat got just that this past quarter.

Let's take a look at the most recent quarterly results as well as a new deal the company signed to ensure growth for the next several years. 

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Source: Fool.com