News & Events zu Argan, Inc. (AGX)AGXArgan, Inc.

Nasdaq Declines as Semiconductor Stocks Take Profit

Stock futures were broadly but fractionally lower following a mixed session. The Nasdaq was the laggard as investors took profits in semiconductor stocks following Broadcom's earnings report. The reaction in Broadcom shares suggests the market may be entering a phase where strong results alone are no longer enough if guidance does not materially improve.Meanwhile, oil prices eased slightly following reports of progress toward regional de-escalation in the Middle East.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Concrete Pumpingup 25.3%ServiceTitanup 13.4%Arganup 12.4%Cooper Companiesup 6.4%ALSO HIGHER -Merlinup 28.6% after completing a critical design review for its C-130J autonomy program with the U.S. Special Operations CommandDOWN AFTER EARNINGS -Guidewiredown 14%Lululemondown 11.2%DocuSigndown 4.8%

Argan Reports Q1 Revenue of $290.95M, Beating Expectations

Reports Q1 revenue $290.95M, consensus $256.03M. David Watson, President and Chief Executive Officer of Argan, commented, "We delivered a strong start to fiscal 2027 with record revenue of $291 million, gross margin of 21%, diluted earnings per share of $3.24, and adjusted EBITDA of $56.4 million. Our first quarter results reflect exceptional execution across our business, with all three of our operating segments achieving significant revenue growth as compared to the first quarter of fiscal 2026."