ROCKVILLE, Md. (AP) — ROCKVILLE, Md. (AP) — Argan Inc. (AGX) on Thursday reported fiscal first-quarter net income of $7.9 million.
On a per-share basis, the Rockville, Maryland-based company said it had profit of 58 cents.
The builder of energy plants posted revenue of $157.7 million in the period.
Argan shares have risen 48% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $69.14, an increase of 59% in the last 12 months.
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