Argan – The US Energy Infrastructure Specialist Delivers Record Quarter Thanks to AI Boom!
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Argan reports record quarter with USD 291 million in revenue (+50%) and nearly doubled net profit – debt-free with USD 973 million in liquidity. Data center boom and US onshoring fuel the pipeline. Analysts see buying potential but warn: the valuation is demanding. CEO David Watson describes the quarter as an exceptionally strong start to the fiscal year. Record quarter with nearly doubled profit In the first quarter of fiscal year 2027, Argan achieves a new company record with revenue of USD 291.0 million – a 50.2% increase compared to...
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