RENO, Nev. (AP) _ Ormat Technologies Inc. (ORA) on Wednesday reported fourth-quarter earnings of $18.9 million.

On a per-share basis, the Reno, Nevada-based company said it had profit of 34 cents. Earnings, adjusted for non-recurring costs, came to 41 cents per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share.

The geothermal company posted revenue of $191 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $183.2 million.

For the year, the company reported profit of $62.1 million, or $1.10 per share. Revenue was reported as $663.1 million.

Ormat Technologies expects full-year revenue in the range of $725 million to $750 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ORA at https://www.zacks.com/ap/ORA

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