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10-Q. The Company's Form 10-Q, signed by Defendant Tenne, reaffirmed the Company's financial results announced the previous day. The Company's Form 10-Q also contained Sarbanes-Oxley required certifications, substantially similar to the certifications contained in ¶ 27, supra. Additionally, the Form 10-Q stated, in relevant part: These unaudited condensed consolidated interim financial statements of Ormat Technologies, Inc. and its subsidiaries (the "Company") have been prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP") and pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC") for interim financial statements. 35. On February 24, 2009, the Company issued a press release entitled "Ormat Technologies Reports Record Fourth Quarter 2008 and Year-End Results." Therein, the Company stated, in relevant part: Ormat Technologies, Inc. (NYSE: ORA) today announced results for the fourth quarter and full year ended December 31, 2008. Highlights of the company performance include: • Revenues increased 35.2% for the quarter to $95.5 million and 16.5% for the year to $344.8 million. • Net income increased 31.3% to $11.7 million in the quarter and 82.0% to $49.8 million for the year. • Earnings per share increased 18.2 % to $0.26 in the quarter and 60% to $1.12 for the year. • Product backlog reached a record high of $194.0 million. • Ormat-owned generating capacity increased by 109 MW, an increase of over 25% during 2008. Commenting on the results, Dita Bronicki, Chief Executive Officer of Ormat, stated: "It was a good year and quarter for Ormat, as reflected in our financial results. The fundamental business of the Company is in excellent condition and the benefits of the new Stimulus Act will further improve our future results. We substantially grew and improved the profitability of our Electricity and Products Segments, significantly increased the generating capacity in our Electricity Segment and ended the year with a record backlog in the Products Segment. *** 12PDF Image | ORMAT TECHNOLOGIES Lawsuit
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