Overview
- Argan shares rose about 10% in pre-market trading Friday after adjusted Q4 EPS hit $3.47 versus a $2.13 estimate.
- Management guided FY27 revenue to $415 million–$440 million, above Wall Street’s $385.68 million view, while projecting adjusted EBITDA of $0 to $10 million.
- Contract backlog climbed to roughly $2.9 billion after $2.5 billion in new awards tied to AI data centers, electrification work, and power infrastructure upgrades.
- Gross margin reached 25% in the quarter, helped by early substantial completion at the Trumbull Energy Center that lifted project profitability.
- The company ended FY26 with $895 million in cash, no debt, and a higher quarterly dividend of 50 cents per share.