Argan (NYSE:AGX) reported record fiscal first-quarter revenue and sharply higher earnings, as construction activity accelerated across its power projects and the company benefited from improved project execution and margins.
On the company’s earnings call for the first quarter of fiscal 2027, ended April 30, 2026, Chief Executive Officer David Watson said results reflected “exceptional execution across our business,” with all three operating segments posting significant revenue growth and maintaining what he described as healthy backlog.