AAON, Inc. (AAON) Tops Q4 EPS by 6c

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Go back to AAON, Inc. (AAON) Tops Q4 EPS by 6c

AAON Reports Record Sales and Earnings for the Fourth Quarter and Year 2017

February 27, 2018 7:00 AM EST

TULSA, Okla., Feb. 27, 2018 (GLOBE NEWSWIRE) -- AAON, INC. (NASDAQ: AAON) today announced its results for the fourth quarter and year 2017. Sales in the fourth quarter were $104.2 million, up 13.6% from $91.7 million in 2016. Net income was $15.8 million, increasing 38.1% from $11.4 million in the same period a year ago. Sales for the year 2017 reached a record level, $405.2 million, representing a gain of 5.5% compared to $384.0 million in 2016. Net income for 2017 was also a record, $54.5 million, rising 2.1% compared to $53.4 million in 2016.

Earnings for the fourth quarter of 2017 were $0.30 per diluted share, up 39.4% from $0.21 per diluted share in 2016, based upon 52.9... More