AAON, Inc. (AAON) Misses Q3 EPS by 2c

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Go back to AAON, Inc. (AAON) Misses Q3 EPS by 2c

AAON Reports Third Quarter Sales and Earnings

October 31, 2019 7:00 AM EDT

TULSA, Okla., Oct. 31, 2019 (GLOBE NEWSWIRE) -- AAON, Inc. (NASDAQ-AAON) today announced its operating results for the third quarter and nine months ended September 30, 2019. 

In the quarter ended September 30, 2019, net sales were $113.5 million, up 0.5% from $112.9 million in 2018. Net income was $13.8 million, a decrease of 1.8% from $14.1 million in the same period a year ago.  Net sales for the nine months ended September 30, 2019 were $346.8 million, increasing 7.8% from $321.6 million in 2018. Net income for the nine months ended September 30, 2019 was $37.7 million, up 25.5% from $30.0 million in 2018.  Our net income benefited from additional tax credits the Company was able to take advantage of and also from... More