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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan”) announced that today its Board of Directors declared a special cash dividend of $1.00 per share of common stock in addition to the regular quarterly cash dividend in the amount of $0.25 per share of common stock, for a total declared cash dividend of $1.25 per share of common stock, payable December 29, 2020 to stockholders of record at the close of business on December 21, 2020. Rainer Bosselmann, Argan's Chairman and Chief Exe

Argan, Inc. Declares Special Cash Dividend of $1.00 Per Share and Regular Quarterly Dividend of $0.25 Per Share

ROCKVILLE, Md.--(BUSINESS WIRE)--On June 23, 2020, the Board of Directors of Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) authorized the repurchase of up to $25.0 million of the Company’s issued and outstanding common stock. The Board of Directors also declared a special cash dividend of $1.00 per share of common stock in addition to the regular quarterly cash dividend in the amount of $0.25 per share of common stock, for a total declared cash dividend of $1.25 per share of common stock,

Argan, Inc. Announces $25 Million Share Repurchase Program and Declares Special Cash Dividend of $1.00 Per Share

American States Water

CACI

Cognizant Technology Solutions

LaZBoy

There's plenty for investors to be concerned about. There are new tariffs, the reality that the US has failed to fully address coronavirus and IMF's recent finding that our GDP is to shrink even more than originally thought.

News for Argan Stock (AGX)