AAON, Inc. (AAON) Reports In-Line Q2 EPS
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AAON Reports Record Second Quarter Sales and Backlog
August 2, 2018 7:00 AM EDTTULSA, Okla., Aug. 02, 2018 (GLOBE NEWSWIRE) -- AAON, Inc. (NASDAQ-AAON) today announced its operating results for the second quarter and six months ended June 30, 2018.
In the quarter ended June 30, 2018, net sales were $109.6 million, up 8.2% from $101.3 million in 2017. Net income was $11.7 million, a decline of 15.2% from $13.8 million in the same period a year ago. Net sales for the six months ended June 30, 2018 were $208.7 million, increasing 11.3% from $187.4 million in 2017. Net income for the six months ended June 30, 2018 was $16.0 million, down 33.6% from $24.0 million in 2017.
Our backlog at June 30, 2018 increased 87.5% to $156.6 million, from $83.5 million for the... More
