Argan Q3 revenue up 57% to $257M; EPS $2.00 vs $0.40 YoY; dividend raised to $0.375

ARGAN INC

2025-Q3 EPS reported $3.91 vs consensus $1.66 ▲ beat (+136.1%)

Revenues $257M, +57% YoY; net income $28M, diluted EPS $2.00 vs $0.40.
Gross margin improved to 17.2% from 11.7%; EBITDA $37.5M vs $12.2M.
Dividend increased to $0.375/share from $0.300, payable date not specified.
Power industry services revenue jumped 75% to $212M with 18.3% gross margin.
Backlog $800M, up 6% from fiscal year start; cash & investments $506M, no debt.

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