secwatch.observer — SEC 8-K summary
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Issuer:     ARGAN INC (AGX)
CIK:        0000100591
Form:       8-K
Filed at:   2024-12-05T23:59:59+00:00
Accession:  0001558370-24-016049
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100591/000155837024016049/0001558370-24-016049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100591/000155837024016049/agx-20241205x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-016049

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