AAON, Inc. (AAON) Misses Q2 EPS by 11c

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Go back to AAON, Inc. (AAON) Misses Q2 EPS by 11c

AAON Reports Earnings, Record Sales & Backlog for the Second Quarter of 2022

August 8, 2022 4:01 PM EDT

TULSA, Okla., Aug. 08, 2022 (GLOBE NEWSWIRE) -- AAON, INC. (NASDAQ-AAON), a provider of premier, configurable HVAC solutions that bring long-term value to customers and owners, today announced its results for the second quarter of 2022.

Net sales for the second quarter of 2022 increased 45.1% to $208.8 million from $143.9 million in the second quarter of 2021. The additional sales from BasX of $24.6 million is the largest contributing factor to our year over year growth. Revenue synergies from this acquisition have materialized faster than expected. Subsequent to quarter end, we have already received an order for $16.2 million of... More