{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-006051","form_type":"8-K","ticker":"AGX","cik":"0000100591","company_name":"ARGAN INC","filed_at":"2023-04-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.554086+00:00","generated_at":"2026-06-17T01:10:34.274597+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Argan reports Q4 net income $13.6M ($1.00 EPS) vs $2.2M; backlog rises to $822M","bullets":["Q4 revenue $118.8M (-5.4% YoY); net income $13.6M vs $2.2M, boosted by $3.2M tax benefit and lower SG&A.","Full year revenue $455.0M (-10.7% YoY), net income $33.1M ($2.33 diluted EPS) vs $38.2M ($2.40) prior year.","Backlog at Jan 31, 2023: $822M, up from $714M; management expects increased revenue in FY2024 as projects ramp.","Board declares $0.25 quarterly dividend, payable April 28; unchanged from prior.","During FY2023 repurchased 1.86M shares for $68.2M; total repurchases since Nov 2021 ~15% of outstanding shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-006051","json":"https://secwatch.observer/filing/0001558370-23-006051.json","markdown":"https://secwatch.observer/filing/0001558370-23-006051.md","text":"https://secwatch.observer/filing/0001558370-23-006051.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/100591/000155837023006051/0001558370-23-006051-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/100591/000155837023006051/agx-20230412x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T01:10:34.274597+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5fc010590da59c97237f44f7109ef90b225383f8","claim":"ARGAN INC reported the fourth quarter and the fiscal year ended January 31, 2023 results: revenue $ 118,778 (quarter) and $ 455,040 (fiscal year), net income $ 13,633 (quarter) and $ 33,098 (fiscal year), EPS $ 1.00 per diluted share (quarter) and $ 2.33 per diluted share (fiscal year).","evidence_excerpt":"ET. Consolidated Financial Highlights ($ in thousands, except per share data) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ January 31, ​ ​ ​ For the Quarter Ended: 2023 2022 Change Revenues ​ $ 118,778 ​ $ 125,570 ​ $ (6,792) ​ Gross profit ​ 20,028 ​ 22,231 ​ (2,203) ​ Gross margin % ​ 16.9 % 17.7 % (0.8) % Net income attributable to the stockholders of the Company ​ $ 13,633 ​","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/100591/000155837023006051/0001558370-23-006051-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and the fiscal year ended January 31, 2023"},{"label":"Revenue","value":"$ 118,778 (quarter) and $ 455,040 (fiscal year)"},{"label":"Net income","value":"$ 13,633 (quarter) and $ 33,098 (fiscal year)"},{"label":"EPS","value":"$ 1.00 per diluted share (quarter) and $ 2.33 per diluted share (fiscal year)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}