---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-008956"
form_type: "8-K"
ticker: "AGX"
cik: "0000100591"
company_name: "ARGAN INC"
filed_at: "2024-06-06T23:59:59+00:00"
generated_at: "2026-06-01T05:47:01.224113+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Argan Q1 revenue up 52% to $157.7M; EPS $0.58 vs $0.16; dividend raised to $0.30

## Summary
- Revenue $157.7M, +52% YoY; net income $7.9M ($0.58 diluted EPS) vs $2.1M ($0.16).
- EBITDA $11.9M vs $3.6M; gross margin 11.4% (down from 13.7%) due to Kilroot project loss of $2.6M.
- Backlog $824M including >$300M renewable projects; cash $416.4M, no debt.
- Quarterly cash dividend raised 20% to $0.30 per share.

## SEC filing metadata
- accession: 0001558370-24-008956
- form_type: 8-K
- ticker: AGX
- cik: 0000100591
- company_name: ARGAN INC
- filed_at: 2024-06-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/100591/000155837024008956/0001558370-24-008956-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/100591/000155837024008956/agx-20240606x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-008956
- JSON: https://secwatch.observer/filing/0001558370-24-008956.json
- Plain text: https://secwatch.observer/filing/0001558370-24-008956.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.