AAON Reports Record Sales, Earnings & Backlog for the Third Quarter of 2022 – TULSA, OK, November 8, 2022 – AAON, Inc. (NASDAQ: AAON) (“AAON” or the “Company”), today announced that its Board of Directors has declared the Company’s next regular semi-annual cash dividend of $0.24 per share (or $0.48 annually), an increase of 26%, payable on December 16, 2022 to stockholders of record as of the close of business on November 28, 2022. PDF
AAON Increases Semi-Annual Cash Dividend & Authorizes $50 Million for Stock Buyback Program – TULSA, OK, November 8, 2022 - 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 third quarter of 2022. PDF
AAON Third Quarter 2022 Conference Call and Webcast – To access the webcast recording, please register at AAON Third Quarter 2022 Conference Call.
2021 AAON Annual Report and Proxy Statement
Our performance in the third quarter was excellent. I was particularly pleased to see a material improvement in gross profit margin as a result of our pricing strategy gaining traction. Furthermore, despite supply chain issues persisting, productivity improved throughout the quarter, a reflection of how well our operations are performing. Better productivity, along with an increase in headcount, helped us realize a third straight quarter of record production. Meanwhile, we continue to grow our backlog. Bookings in the quarter were solid. Total bookings increased 36.7% compared to the second quarter of 2022, almost all of which was driven by volume, with a small amount related to pricing.
– Gary Fields, CEO and President, November 7, 2022
Director of Investor Relations
Phone: (617) 877-6346
Email: joseph.mondillo@aaon.com