Argan stock drops as revenue misses estimates; backlog and project timing in focus (AGX:NYSE)


Increase revenue concept. Planning growth and increase of positive indicators in his business

Argan (NYSE:AGX) shares declined in Friday morning trading after the company reported quarterly revenue below analyst expectations, despite posting a profit beat. Investors are now focused on the sustainability of its backlog, profit margins, and the timing of its project pipeline.



Source link

Save up to 70% from the Luminar Neo Back to School Sale!

Kate Middleton Photo Op FLOPS With Kids Caught Out in the Rain

Leave a Reply

Your email address will not be published. Required fields are marked *