In addition during this call, statements may include financial measures as defined as non-GAAP financial measures by the Securities and Exchange Commission such as EBITDA and adjusted EBITDA. The presentation of financial information is not intended to be considered in isolation or as a substitute for financial information prepared and presented in accordance with GAAP.Management of Ormat Technology believes that adjusted EBITDA may provide meaningful supplemental information regarding liquidity measurements for both management and investors' benefit from referring to these non-GAAP financial measures in assessing Ormat Technologies' liquidity and when planning and forecasting future periods. This non-GAAP financial measure may also facilitate management's internal comparisons to the company's historical liquidity.
Ormat Technologies' CEO Discusses Q4 2011 Results - Earnings Call Transcript
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