AAON, Inc. (AAON) Reports In-Line Q3 EPS
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AAON Reports Third Quarter Sales and Earnings
November 1, 2018 7:00 AM EDTTULSA, Okla., Nov. 01, 2018 (GLOBE NEWSWIRE) -- AAON, Inc. (NASDAQ-AAON) today announced its operating results for the third quarter and nine months ended September 30, 2018.
In the quarter ended September 30, 2018, net sales were $112.9 million, down 0.6% from $113.7 million in 2017. Net income was $14.1 million, a decline of 4.3% from $14.7 million in the same period a year ago. Net sales for the nine months ended September 30, 2018 were $321.6 million, increasing 6.8% from $301.1 million in 2017. Net income for the nine months ended September 30, 2018 was $30.0 million, down 22.4% from $38.7 million in 2017.
Our backlog at September 30, 2018 increased 71.8% to $126.8 million, from $73.8... More
