Argan (AGX) Reports Q1 EPS of $0.50

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Argan, Inc. Reports First Quarter Results

June 8, 2015 8:45 AM EDT

ROCKVILLE, Md.--(BUSINESS WIRE)-- Argan, Inc. (NYSE: AGX) today announced financial results for its first quarter ended April 30, 2015.

First Quarter Highlights:

Revenues of $85 million for our first quarter compared to $51 million for last years first quarter. Net income attributable to our stockholders of $7.5 million vs. $3.5 million for last years first quarter. Diluted earnings per share of $0.50 vs. $0.24 for the prior year quarter. Cash, cash equivalents and short-term investments of $331 million at current quarter-end.... More