Argan is trading 10.52% up at $453.58 after September 2, 2026, earnings showed record second-quarter revenue of $384.0 million and net income of $53.3 million.
- Revenue rose 61.5% year over year, while adjusted EBITDA reached a record $70.0 million.
- Results substantially exceeded expectations and drove an after-hours rally.
- With the broader market only modestly higher, company-specific earnings strength appears to explain most of the move.