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Argan, Inc. reports record Q2 revenue and net income
Argan, Inc. reported record financial results for its second quarter of fiscal year 2027, which ended July 31, 2026. The company achieved record revenue of $384 million and record net income of $53.3 million.
Diluted earnings per share reached $3.76, significantly exceeding analyst consensus estimates of $2.64. The company's Power segment showed strong performance, with revenue growing 53% year-over-year to $301 million.
Additional highlights include an adjusted EBITDA of $70 million and a cash dividend of $0.50 per share. While revenue and income reached record levels, the company's total project backlog declined to $2.518 billion from previous levels.
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- [● 3 SOURCES] Diluted earnings per share (EPS) for the quarter was $3.76. www.stocktitan.net · last10k.com
- [● 2 SOURCES] The total project backlog declined to $2.518 billion from previous levels. www.stocktitan.net · last10k.com
- [● 2 SOURCES] Cash, cash equivalents, and investments totaled over $1 billion. www.stocktitan.net · last10k.com
- [● 2 SOURCES] Adjusted EBITDA for the quarter reached $70 million. www.stocktitan.net · last10k.com
- [● 2 SOURCES] The company achieved record quarterly revenue of approximately $384 million. www.stocktitan.net · last10k.com
- [● 2 SOURCES] Argan, Inc. reported its second quarter fiscal 2027 financial results for the period ending July 31, 2026. www.stocktitan.net · last10k.com
- [● 2 SOURCES] Net income for the quarter was $53.3 million. www.stocktitan.net · last10k.com
- [● 3 SOURCES] The company issued a cash dividend of $0.50 per share. www.stocktitan.net · last10k.com