---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-016049"
form_type: "8-K"
ticker: "AGX"
cik: "0000100591"
company_name: "ARGAN INC"
filed_at: "2024-12-05T23:59:59+00:00"
generated_at: "2026-05-29T06:56:27.441363+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001558370-24-016049
- form_type: 8-K
- ticker: AGX
- cik: 0000100591
- company_name: ARGAN INC
- filed_at: 2024-12-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/100591/000155837024016049/0001558370-24-016049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/100591/000155837024016049/agx-20241205x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-016049
- JSON: https://secwatch.observer/filing/0001558370-24-016049.json
- Plain text: https://secwatch.observer/filing/0001558370-24-016049.txt

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