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Argan, Inc. posts 50% revenue growth in Q1 FY27, driven by strong project completions and $2.8B backlog.

Company Fundamentals
12 Jul 2026
Seeking Alpha
View Source
Bullish
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Argan, Inc. reported a strong first quarter for fiscal year 2027 with a 50% increase in revenue, reaching a record $290.9 million. This growth was fueled by multiple project completions and a robust $2.8 billion backlog, supported by rising energy demand in North America. The company expects continued topline growth and margin improvement due to strong project execution and a richer project mix. Despite a premium valuation, Argan's solid earnings momentum, expanding margins, and debt-free balance sheet support a positive outlook for long-term investors.

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