secwatch.observer — SEC 8-K summary
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Issuer:     ARGAN INC (AGX)
CIK:        0000100591
Form:       8-K
Filed at:   2026-06-04T20:10:12+00:00
Accession:  0001104659-26-070517
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Argan Q1 FY2027: Record revenue $291M, net income $46.1M, EPS $3.24, dividend raised to $0.50
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- Revenue of $290.95M, up 50% YoY from $193.66M; gross margin improved to 21.0% from 19.0%.
- Diluted EPS of $3.24 versus $1.60 in prior-year quarter; net income $46.06M more than doubled.
- Adjusted EBITDA of $56.44M (19.4% margin) compared to $31.49M (16.3%) a year ago.
- Quarterly cash dividend increased to $0.50 per share from $0.375, a 33% increase.
- Project backlog of $2.77B, down $162M from $2.93B at year-end; share repurchases added $20.6M in treasury stock.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100591/000110465926070517/0001104659-26-070517-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100591/000110465926070517/agx-20260604x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-070517

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