What changed
Argan printed Q2 FY27 GAAP EPS of $3.76, up from $2.50 in the prior-year quarter. Revenue hit a record $384.0M, up 61.5% YoY from $237.7M. The top-line surge was driven by the continued ramp-up of construction activities in the Power segment, which grew revenue 53% YoY to $301M at a 22% gross margin.
Why it matters
Argan printed Q2 FY27 GAAP EPS of $3.76, up from $2.50 in the prior-year quarter. Revenue hit a record $384.0M, up 61.5% YoY from $237.7M. The top-line surge was driven by the continued ramp-up of construction activities in the Power segment, which grew revenue 53% YoY to $301M at a 22% gross margin.