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News articleSeeking Alpha· March 26, 2026

Argan outlines $2.9B backlog strength and signals continued demand for large power projects

View original at seekingalpha.com
“EBITDA for the quarter was $56 million, representing a margin of 21.4%”
Verbatim excerpt from the source · Seeking Alpha · short snapshot — read the full document at the original

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  • Opportunities for new projects are across the country and pricing model remains consistent, taking into account market conditions, inflation, labor and various risks

    60% confidence

  • Fourth quarter revenues increased 13% to $262.1 million, primarily due to the timing of certain projects in Power segment, with Trumbull Energy Center reaching substantial completion

    60% confidence

  • Non-craft workforce is at the highest level ever and company continues to add personnel

    60% confidence

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Pharma Pipeline Catalysts and M&A Heat Up as AI-Designed Drugs Enter the Clinic
Late-September 2026 brought a dense run of clinical readouts: Novo Nordisk's CagriSema data at EASD, Lilly's ADtouch results for EBGLYSS, and Merck's tulisokibart Phase 2b result. Lilly's $2.9B Merida Biosciences acquisition and the 2026-11-14 FDA PDUFA date for ivonescimab sit alongside these as the main deal and regulatory events. AI-designed drugs such as rentosertib, and speculative AI-linked trial ventures such as QAIAx, are moving from hype toward clinical validation. Broader AI-sector regulatory and legal friction (Tesla Cybercab probe, xAI Minnesota ruling, OpenAI lawsuits) shows rising scrutiny that could spill into AI-driven healthcare.
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EPKINLY Regulatory-Clinical Success Cascade
High probability of expanded label indications, additional combination approvals, and competitive positioning strength in follicular lymphoma market. Predicts positive commercial uptake and potential accelerated review for related indications.
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ING Group
Both facts record the same metric (shares_outstanding) for ING Group at the identical observation date (2025-12-31). FACT A states 2,902,437,688 shares; FACT B states 2,902 million shares (2,902,000,000). The difference is 437,688 shares (~0.015%). This is a genuine value conflict, though the discrepancy appears to result from FACT B rounding to the nearest million while FACT A provides the precise count.
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