AAON Press Room

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September 14, 2017 AAON Voted “Product of the Year” by Consulting-Specifying Engineer Magazine
AAON, Inc. (NASDAQ: AAON), a leading manufacturer of heating and cooling products, announced that its V3 Series Energy Recovery Wheel Air Handling Unit, Touchscreen Controller, and WH Series Water-Source Heat Pump have each been named 2017 Product of the Year by the readers of Consulting-Specifying Engineer.
August 3, 2017 AAON Reports Second Quarter 2017 Sales and Earnings
AAON, INC. (NASDAQ-AAON), today announced its operating results for the second quarter and six months ended June 30, 2017. In the quarter ended June 30, 2017, net sales were $101.3 million, down 1.0% from $102.3 million in 2016. Net income was $13.8 million, a decline of 6.3% from $14.7 million in the same period a year ago. Net sales for the six months ended June 30, 2017 were $187.4 million, decreasing 0.2% from $187.7 million in 2016. Net income for the six months ended June 30, 2017 was $24.0 million, off 8.6% from $26.3 million in 2016.
July 27, 2017 AAON, Inc. Second Quarter 2017 Sales and Earnings Review Conference Call
A question and answer session will follow a brief presentation by our CEO, Norman Asbjornson. The entire call should last about 45 minutes. The call will cover: Second Quarter Performance for the period ended June 30th, 2017, Recent Events, and Future Outlook.
July 24, 2017 AAON WH Series and V3 Series are Winners in ACHR News 2017 Dealer Design Awards
AAON, Inc. (NASDAQ: AAON) was recognized for excellence in product design in the 14th annual Dealer Design Awards Program sponsored by The Air Conditioning Heating and Refrigeration News magazine. An independent panel of contractors acted as judges in the contest that had 81 entries. The company’s WH Series was the Gold Award Winner in the Light Commercial category and the company’s V3 Series was the Silver Award Winner in the Commercial Equipment category. The ACHR News is the leading trade magazine in the heating, ventilating, air conditioning, and refrigeration industries.
May 17, 2017 AAON Announces Cash Dividend and Changes to the Board of Directors
AAON, INC. (NASDAQ-AAON)today announced that the Board of Directors has declared a regular semi-annual cash dividend of $0.13 per share or $0.26 annually. The dividend will be paid to stockholders of record as of the close of business on June 9, 2017, with a payment date of July 7, 2017. Stephen O. LeClair, along with one incumbent, Jack E. Short, were elected to the Company's Board of Directors at the Annual Meeting of Stockholders on May 16, 2017. Jerry R. Levine did not stand for re-election and retired from the Company's Board of Directors immediately following the Annual Meeting, upon completion of his current term.
May 4, 2017 AAON Reports First Quarter 2017 Sales and Earnings
AAON, INC. (NASDAQ-AAON), today announced its operating results for the first quarter ended March 31, 2017. Net sales in the first quarter gained 0.8% to $86.1 million from $85.4 million in the corresponding period in 2016. Net income declined 11.5% to $10.2 million, or $0.19 per diluted share, as compared with $11.6 million, or $0.22 per diluted share for the same period a year ago, based upon 53.2 million and 53.6 million diluted shares outstanding at March 31, 2017 and 2016, respectively.
April 27, 2017 AAON, Inc. First Quarter 2017 Sales and Earnings Review Conference Call
A question and answer session will follow a brief presentation by our CEO, Norman Asbjornson. The entire call should last about 45 minutes. The call will cover: First Quarter Performance for the period ended March 31st, 2017, Recent Events, and Future Outlook.
April 17, 2017 AAON Announces Retirement of Robert G. Fergus, Vice President, Manufacturing
On April 11, 2017, Robert G. Fergus notified AAON, Inc. of his intent to retire as Vice President, Manufacturing, effective April 27, 2017. Mr. Fergus's duties will be reallocated to Mikel D. Crews, Vice President of Operations, an officer of the Company, and Hunter Mattocks, Director of Manufacturing, a member of the senior leadership team of the Company, as well as other Company personnel.
February 28, 2017 AAON Promotes Mikel Crews to Vice President of Operations
AAON, INC. (NASDAQ-AAON), today announced that the Board of Directors has promoted Mikel D. Crews to the position of Vice President of Operations. In this newly created position, Mr. Crews will be responsible for overseeing day-to-day operations at the company’s Tulsa facilities, reporting directly to Norman Asbjornson, CEO, and Gary Fields, President.
February 23, 2017 AAON Reports Fourth Quarter and Full Year 2016 Sales and Earnings
AAON, INC. (NASDAQ-AAON), today announced its results for the fourth quarter and year 2016. Sales in the fourth quarter were $91.7 million, down 5.7% from $97.2 million in 2015. Net income was $11.4 million, declining 11.8% from $12.9 million in the same period a year ago. Sales for the year 2016 reached a record level, $384.0 million, representing a gain of 7.1% compared to $358.6 million in 2015. Net income for 2016 was also a record, $53.4 million, rising 16.7% compared to $45.7 million in 2015.
February 16, 2017 AAON, Inc. Fourth Quarter and Full Year 2016 Sales and Earnings Review Conference Call
A question and answer session will follow a brief presentation by our President and CEO, Norman Asbjornson. The entire call should last about 45 minutes. The call will cover: Fourth Quarter and Full Year Performance for the period ended December 31st, 2016, Recent Events, and Future Outlook.