secwatch.observer — SEC 8-K summary
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Issuer:     ARGAN INC (AGX)
CIK:        0000100591
Form:       8-K
Filed at:   2024-04-11T23:59:59+00:00
Accession:  0001558370-24-004978
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Argan FY2024 revenue $573.3M (+26%), Q4 rev $164.6M (+38.5%); div $0.30
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- FY2024 diluted EPS $2.39 vs $2.33; net income $32.4M vs $33.1M.
- Q4 net income $12.0M ($0.89 diluted) vs $13.6M ($1.00) a year ago.
- Quarterly dividend of $0.30 declared, payable April 30 to holders of record April 22.
- Kilroot project losses: $2.1M in Q4, $13.6M for FY; claims submitted for recovery.
- Backlog $757M; no debt; cash and investments $412.4M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100591/000155837024004978/0001558370-24-004978-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100591/000155837024004978/agx-20240411x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-004978

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