Argan (AGX) Misses Q4 EPS by 19c
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Argan, Inc. Reports Fourth Quarter and Year End Results
April 10, 2015 8:45 AM EDTROCKVILLE, Md.--(BUSINESS WIRE)-- Argan, Inc. (NYSE: AGX) today announced financial results for the three months and fiscal year ended January 31, 2015.
For the year ended January 31, 2015, revenues were $383.1 million compared to $227.5 million for the year ended January 31, 2014. Gemma Power Systems, LLC and affiliates (Gemma) contributed $376.7 million, or 98% of revenues in fiscal 2015, compared to $218.6 million, or 96% of revenues in fiscal 2014.
Argan reported consolidated EBITDA (Earnings before interest, taxes, depreciation and amortization) attributable to the stockholders of Argan, Inc. of $52.2 million for the year ended January 31, 2015 compared to $66.3 million for the prior fiscal year.... More
