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Argan posts 3Q profit

ROCKVILLE, Md. (AP) _ Argan Inc. (AGX) on Wednesday reported fiscal third-quarter net income of $17.2 million.

On a per-share basis, the Rockville, Maryland-based company said it had profit of $1.09.

The builder of energy plants posted revenue of $232.9 million in the period.

Argan shares have dropped 18 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $57.50, a fall of 13 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AGX at https://www.zacks.com/ap/AGX