Argan

Argan, Inc. operates as a holding company, which engages in the provision of consulting, engineering, procurement, construction, commissioning, operations, and maintenance services to the power generation and renewable energy. It operates through the following business segments: Power Services, Telecom Services, Industrial Services, and Others. The company was founded in May 1961 and is headquartered in Rockville, MD.

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AGX reports fiscal 2023 revenue decline but strengthens financial position

AGX reported a decrease in revenues for fiscal 2023 but highlighted a strong financial position and increased share repurchase program. The backlog of projects reflects a stronger profile with mostly longer-term fully committed projects, presenting potential opportunities for sustained revenue generation. However, challenges include revenue decline and uncertainties related to project pipeline, labor availability, and specific project risks.

AGX reports 20% revenue growth and strong balance sheet in Q2 2023

AGX's Q2 2023 earnings call showcased impressive revenue growth, a strong balance sheet, and a robust project backlog. While the company's performance is strong, diversifying revenue streams beyond the Power Industry Services segment presents an opportunity for future growth.

AGX (AGX) reports 39% revenue growth and strong backlog

AGX (AGX) delivered impressive revenue growth, strong financial results, and a clear focus on shareholder value. The company's proactive approach to challenges and emphasis on long-term strategy bode well for future opportunities.

Argan reports solid earnings, eyes growth in clean energy sector

Argan, Inc. delivered strong financial results for Q4 2023 and fiscal year 2023, with a focus on shareholder value and growth in energy transition. Despite revenue declines in Q4, the company's robust balance sheet and increased share repurchase program demonstrate financial stability. Challenges include addressing operational factors impacting project execution and revenue recognition.

Argan (AGX) reports revenue growth but faces margin challenges

Argan's Q1 2024 performance saw revenue growth but lower margins and net income compared to the previous year.
The company's strengths lie in its position in the power industry and a robust project backlog.
Challenges include lower gross margins and a decline in net income, while opportunities exist in federal legislation and major projects.
Overall, Argan remains well-positioned for growth despite facing margin and income challenges in Q1 2024.

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Argan, Inc. is a construction company, which engages in the operations of its wholly owned subsidiaries. It operates through the following business segments: Power Industry Services, Telecommunications Infrastructure Services, and Industrial Fabrication and Field Services. The Power Industry Services segment includes engineering, procurement, construction, commissioning, maintenance, project development, and technical consulting services to the power generation market. The Telecommunications Infrastructure Services segment offers project management, construction, installation, and maintenance services. The Industrial Fabrication and Field Services segment provides primarily on-site services that support new plant construction and additions, maintenance turnarounds, shutdowns, and emergency mobilizations for industrial plants. It also operates through the United States, Republic of Ireland, United Kingdom, and Other geographical segments. The company was founded by Rainer H. Bosselmann in May 1961 and is headquartered in Rockville, MD.

24/7 Wall St. Insights Argan Inc. (NYSE: AGX) just rewarded its shareholders with a 25% dividend hike.

A 25% Dividend Hike: Here's How Much Investors Just Got

Argan's topline grew over 50% in H1 FY25, driven by strong demand and construction activity, particularly in the Power Services segment. The company's backlog exceeded $1 billion, supporting continued revenue growth, with strategic projects and collaborations positioning it well for long-term growth. Despite trading at a slight premium, AGX's robust growth prospect makes it a solid long-term buy.

Argan: Favorable Long Term Due To Robust Project Pipeline

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) is saddened to announce that board member W.G. Champion Mitchell passed away on October 8, 2024. Mr. Mitchell joined Argan's Board of Directors in October 2003 and served on the Executive Committee and the Nominating/Corporate Governance Committee. In addition to his board position with Argan, he served on the boards of two privately held companies, Direct Brands, Inc. and The 41st Parameter, Inc. He was also a.

Argan, Inc. Announces the Passing of Board Member W.G. Champion Mitchell

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Power plant builder Argan raised its quarterly dividend by 25% last night. The new dividend yield is 1.6%.

Why Argan Stock Just Popped 6%

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces that on September 17, 2024, its Board of Directors declared a 25% increase in the quarterly cash dividend, raising it from $0.30 to $0.375 per common share. The dividend will be payable on October 31, 2024, to stockholders of record at the close of business on October 23, 2024. “We are pleased to announce today's dividend increase which reflects the strength of our financial performance and balan.

Argan, Inc. Increases Quarterly Dividend by 25% to $0.375 Per Common Share

Argan has returned 77% since my first coverage 6 months ago propelled by strong earnings reports. AGX's earnings show that the company continues to execute well and has margins under control in an industry prone to cost overruns. In a world hungry for energy, Argan's business in the power generation market pits it well for a future with new energy requirements and also replacing carbon-intensive energy plants.

Argan Stock: Reiterating Strong Buy Post Q2 2025 Earnings

Argan, Inc. operates an engineering and construction conglomerate providing services primarily in the energy sector. Its last earnings report caused it to soar 25%+. This article looks at what in the report caused the jump. I also cover risks to the buy thesis and other potential headwinds and tailwinds for AGX.

The Market Thinks Argan, Inc. Earnings Were Incredible, I Agree

Argan's revenue jumped 61% in its last quarter. The company's backlog is rising, backed by demand for renewable energy.

Why Small-Cap Stock Argan Surged 34% Today to a 52-Week High

Argan, Inc. (NYSE:AGX ) Q2 2025 Earnings Conference Call September 5, 2024 5:00 PM ET Company Participants Jennifer Belodeau - IMS Investor Relations David Watson - President and Chief Executive Officer Hank Deily - Senior Vice President, Chief Financial Officer, Treasurer and Corporate Secretary Conference Call Participants Chris Moore - CJS Securities Rob Brown - Lake Street Capital Markets Operator Good evening, ladies and gentlemen, and welcome to the Argan, Inc. Earnings Release Conference Call for the Second Fiscal Quarter Ended July 31, 2024. This call is being recorded.

Argan, Inc. (AGX) Q2 2025 Earnings Call Transcript

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces financial results for its second quarter of fiscal year 2025 ended July 31, 2024. The Company will host an investor conference call today, September 5, 2024, at 5:00 p.m. ET. Consolidated Financial Highlights ($ in thousands, except per share data)         July 31,     For the Quarter Ended:   2024       2023     Change Revenues $ 227,015   $ 141,349   $ 85,666   Gross profit   31,105     23,742.

Argan, Inc. Reports Second Quarter Fiscal 2025 Results

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announced that David Watson, Chief Executive Officer, will participate at the Lake Street Capital Markets 8th Annual Best Ideas Growth Conference on Thursday, September 12, 2024 in NYC. Mr. Watson will be available for one-on-one meetings throughout the day. About Argan Argan's primary business is providing a full range of construction and related services to the power industry. Argan's service offerings f.

Argan, Inc. to Attend the Lake Street Capital Markets 8th Annual Best Ideas Growth Conference

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announced that the Company will release its second quarter fiscal 2025 financial results after the market closes on Thursday, September 5, 2024. Management will host a webcast with an accompanying slide presentation and conference call on Thursday, September 5, 2024 at 5:00 p.m. ET. Participants can access the live webcast by visiting this link. To access the call by phone, participants can use the followi.

Argan, Inc. to Announce Second Quarter Fiscal 2025 Results and Host Conference Call on Thursday, September 5, 2024

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces that Chief Financial Officer, Richard H. Deily, 71, will retire effective September 15, 2024, after a distinguished 40-year career in senior financial management, which includes a 17-year tenure with the Company. Josh Baugher, who has served as Vice President and Corporate Controller for Argan since 2022, will succeed Mr. Deily as Chief Financial Officer. Mr. Deily joined Argan in October 2007 as.

Argan, Inc. Announces Chief Financial Officer Retirement and Succession

Argan, Inc. primarily focuses on power industry services, including engineering, construction, and technical consulting. The company saw strong revenue growth in the last quarter, with significant increases in the Industrial and Power Industry segments. AGX has a positive outlook for FY25, driven by strong demand for its services, backlog growth, and potential opportunities in the energy sector.

Argan: Positioned To Capitalize On Rising Energy Demand And Energy Transition Trends

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ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces that its Board of Directors (the “Board”) declared a regular quarterly cash dividend in the amount of $0.30 per share of common stock. The dividend will be payable on July 31, 2024, to stockholders of record at the close of business on July 23, 2024. The Board also extended the expiration date of Argan's $125 million Share Repurchase Plan through January 31, 2027. About Argan, Inc. Argan's primar.

Argan, Inc. Declares Regular Quarterly Cash Dividend of $0.30 Per Common Share

Argan operates through a few subsidiaries and offers its services to the power generation, industrial, and telecommunications markets. Demand for electricity is increasing due to generative AI, driving up data center demand and power usage. Additionally, the increasing adoption of EVs will drive up power demand as well. In addition to increasing demand for electricity, AGX also reported strong project backlogs. These backlogs are expected to bolster its future revenue.

Argan, Inc.: Generative AI, EV Adoption, And Healthy Project Backlog Compositions

Argan, Inc. (NYSE:AGX ) Q1 2025 Earnings Conference Call June 6, 2024 5:00 PM ET Company Participants Jennifer Belodeau - IMS Investor Relations David Watson - President and Chief Executive Officer Hank Deily - Senior Vice President, Chief Financial Officer, Treasurer and Corporate Secretary Conference Call Participants Chris Moore - CJS Securities Rob Brown - Lake Street Capital Markets Operator Good evening, ladies and gentlemen, and welcome to the Argan, Inc. Earnings Release Conference Call for the First Fiscal Quarter Ended April 30th, 2024. This call is being recorded.

Argan, Inc. (AGX) Q1 2025 Earnings Call Transcript

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces financial results for its first quarter of fiscal year 2025 ended April 30, 2024. The Company will host an investor conference call today, June 6, 2024, at 5:00 p.m. ET. Consolidated Financial Highlights ($s in thousands, except per share data)     April 30,     For the Quarter Ended:   2024 2023 Change Revenues   $ 157,682   $ 103,675   $ 54,007   Gross profit     17,944     14,224     3,720   G.

Argan, Inc. Reports First Quarter Fiscal 2025 Results

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announced that the Company will release its first quarter fiscal 2025 financial results after the market closes on Thursday, June 6, 2024. Management will host a webcast with an accompanying slide presentation and conference call on Thursday, June 6, 2024 at 5:00 p.m. ET. Participants can access the live webcast by visiting this link. To access the call by phone, participants can use the following dial-in.

Argan, Inc. to Announce First Quarter Fiscal 2025 Results and Host Conference Call on Thursday, June 6, 2024

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Argan earned $2.39 per share in its fiscal 2024, a bit better than fiscal 2023 and ahead of investor expectations. Analysts expect Argan to grow earnings much faster in fiscal 2025 -- which is this year.

Why Argan Stock Soared 24% Today

Argan, Inc. (NYSE:AGX ) Q4 2024 Earnings Conference Call April 11, 2024 5:00 PM ET Company Participants Jennifer Belodeau - IMS Investor Relations David Watson - President & Chief Executive Officer Hank Deily - Senior Vice President, Chief Financial Officer, Treasurer & Corporate Secretary Conference Call Participants Rob Brown - Lake Street Capital Chris Moore - CJS Securities Operator Good evening, ladies and gentlemen, and welcome to the Argan, Inc. Earnings Release Conference Call for the Fiscal Fourth Quarter and Year Ended January 31, 2024. This call is being recorded.

Argan, Inc. (AGX) Q4 2024 Earnings Call Transcript

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces financial results for its fourth quarter and fiscal year ended January 31, 2024. The Company will host an investor conference call today, April 11, 2024, at 5:00 p.m. ET. Consolidated Financial Highlights ($ in thousands, except per share data)                   January 31,     For the Quarter Ended:   2024   2023   Change Revenues   $ 164,554     $ 118,778     $ 45,776   Gross profit     23,633.

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