Argan Q2 FY27 diluted EPS rises 50.4% to $3.76; revenue increases 62% to $384 million
AGX•Quarterly results
Argan posted Q2 fiscal 2027 revenue of $384 million, up 62% year over year, with net income of $53 million.
Diluted EPS rose to $3.76, up $1.26 from the prior-year quarter, while gross margin widened 0.7 percentage points to 19.3%.
Acquisition and dividend
Teledata acquired ValCor Communications; the quarterly dividend increased to $0.50 per share, implying a $2 annual rate.
EBITDA, backlog and liquidity
Adjusted EBITDA climbed to $70 million, lifting margin to 18.2% from 16.2% a year earlier.
Project backlog totaled $2.5 billion at July 31, 2026; cash and investments were $1 billion with net liquidity of $440 million.
