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Argan: Fiscal Q1 Earnings Snapshot

Argan: Fiscal Q1 Earnings Snapshot

By Ap News
Published - Jun 06, 2024, 04:28 PM ET
Last Updated - Jun 06, 2024, 04:28 PM EDT

ROCKVILLE, Md. (AP) — ROCKVILLE, Md. (AP) — Argan Inc. (AGX) on Thursday reported fiscal first-quarter net income of $7.9 million.

On a per-share basis, the Rockville, Maryland-based company said it had profit of 58 cents.

The builder of energy plants posted revenue of $157.7 million in the period.

Argan shares have risen 48% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $69.14, an increase of 59% in the last 12 months.

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