AAON Reports Earnings & Backlog for the Second Quarter of 2020
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AAON, Inc. (AAON) Misses Q2 EPS by 3c
August 6, 2020 7:20 AM EDTAAON, Inc. (NASDAQ: AAON) reported Q2 EPS of $0.34, $0.03 worse than the analyst estimate of $0.37. Revenue for the quarter came in at $125.6 million versus the consensus estimate of $134.08 million.
Gary Fields, CEO, said "It has been a challenging quarter for us. As an essential business, we were able to maintain continuous operations during the quarter but our workforce was impacted by employee absences, most significantly in the latter part of June. These unexpected employee absences resulted in reduced shipments and longer lead times. Our dedicated team members worked hard to... More
