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TheStreet Open House

Ormat Technologies' CEO Discusses Q2 2011 Results - Earnings Call Transcript

Stocks in this article: ORA

Ormat Technologies (ORA)

Q2 2011 Earnings Call

August 04, 2011 10:00 am ET

Executives

Rob Fink - IR, KCSA Strategic Communications

Joseph Tenne - Chief Financial Officer, Principal Accounting Officer and Chief Financial Officer of Ormat Industries Ltd

Yehudit Bronicki - Chief Executive Officer, Director, Chairman of Compensation Committee, Chief Executive Officer of Ormat Industries, President of Ormat Systems, General Manager of Ormat Industries and Director of Ormat Industries

Yoram Bronicki - President, Chief Operating Officer, Director and Director of Ormat Industries

Analysts

Mark Barnett - Morningstar Inc.

Benjamin Kallo - Robert W. Baird & Co. Incorporated

Elaine Kwei - Jefferies & Company, Inc.

Dilip Warrier - Stifel, Nicolaus & Co., Inc.

JinMing Liu - Ardour Capital Investments, LLC

Paul Clegg - Mizuho Securities USA Inc.

Timothy Arcuri - Citigroup Inc

Peter Christiansen - BofA Merrill Lynch

Daniel Mannes - Avondale Partners, LLC

Presentation

Operator

Good morning. My name is Julianne, and I will be your conference operator today. At this time, I would like to welcome everyone to the Ormat Technologies Second Quarter 2011 Earnings Conference Call. [Operator Instructions] I would now like to turn conference over to Mr. Rob Fink of KCSA Strategic Communications. Mr. Fink, please go ahead.

Rob Fink

Thank you, Julianne, and thank you, everybody, for joining us. Hosting the call today are Dita Bronicki, CEO; Yoram Bronicki, President and COO; Joseph Tenne, CFO; 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 Reform Act of 1995. These forward-looking statements generally relate to the company's plan, objective and expectations for future operation and are based on management's current estimates and projections of future results or trends. Actual future result may differ material from those projected as a result of certain risks and uncertainties. For a discussion of such risks and uncertainties, please see risk factors described in the annual report on Form 10-K filed with the SEC on February 28, 2011.

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