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May 18, 2018
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AAON Announces 23% Increase in Cash Dividend and Stock Buyback Program
AAON, Inc., today announced that its Board of Directors has declared a $0.03 increase in the Company’s regular semi-annual
cash dividend, to $0.16 per share or $0.32 annually (a 23% increase from the previous $0.13 per share or $0.26 annually).
The next cash dividend will be payable on July 6, 2018, to stockholders of record as of the close of business on June 8, 2018.
The Board of Directors also authorized the Company to make up to $15.0 million in purchases of shares of the Company’s common stock
in accordance with a pre-arranged stock repurchase plan adopted by the Company in accordance with the guidelines specified under
Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
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| May 10, 2018 |
Sidoti & Company, LLC Equity Research Rating Report
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May 3, 2018
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AAON 2018 First Quarter 10Q Report (PDF)
AAON 2018 First Quarter 10Q Report XBRL(zip)
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| May 3, 2018 |
AAON Reports First Quarter 2018 Sales and Earnings
AAON, INC. (NASDAQ-AAON) today announced its operating results for the first quarter and three months ended March 31, 2018.
In the quarter ended March 31, 2018, net sales were $99.1 million, up 15.1% from $86.1 million in 2017. Net income was $4.3 million,
a decline of 58.3% from $10.2 million in the same period a year ago. Earnings per diluted share in the first quarter of 2018 were
$0.08, down 57.9% from $0.19 for the same period in 2017, based upon 52.9 million and 53.2 million shares outstanding at March 31,
2018 and 2017, respectively.
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April 26, 2018
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AAON, Inc. First Quarter 2018 Sales and Earnings Review Conference Call
A question and answer session will follow a brief presentation by management. The entire call should last about 45 minutes.
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| April 3, 2018 |
2017 AAON Annual Report
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April 3, 2018
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2018 AAON Proxy Statement
Notice is hereby given that the 2018 Annual Meeting of Stockholders of AAON, Inc. will be held on Tuesday, May 15, 2018 at 10:00 A.M. local time, at 2440 South Yukon, Tulsa, Oklahoma.
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| March 26, 2018 |
AAON Investor Presentation - Q4 2017
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March 16, 2018
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AAON Announces Officer Resignation
AAON, Inc. (NASDAQ: AAON), today announced Sam Neale, Vice President of AAON and President of AAON’s wholly-owned subsidiary,
AAON Coil Products, Inc. (“AAON Coil Products”), provided notice to the company on March 12, 2018 that he will be leaving the
company to pursue other opportunities. Mr. Neale’s resignation will be effective on March 23, 2018.
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| March 1, 2018 |
AAON Announces Acquisition
AAON, Inc. (NASDAQ: AAON), closed on the purchase of substantially all of the assets of WattMaster Controls, Inc.
on February 28, 2018. The assets acquired consist primarily of intellectual property, receivables, inventory and
fixed assets. AAON funded the acquisition with cash on hand. WCI has been a long-time supplier, primarily of controls, to
the Company. The Company also entered into a lease for the facility in Parkville, Missouri previously occupied by WCI,
that AAON will utilize to operate this addition to its business. The Company hired substantially all of the WCI employees.
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February 28, 2018
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AAON 2017 10K Report (PDF)
AAON 2017 10K Report XBRL(zip)
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| February 27, 2018 |
AAON Reports Fourth Quarter and Full Year 2017 Sales and Earnings
AAON, INC. (NASDAQ-AAON) today announced its results for the fourth quarter and year 2017. Sales in
the fourth quarter were $104.2 million, up 13.6% from $91.7 million in 2016. Net income was $15.8 million,
increasing 38.1% from $11.4 million in the same period a year ago. Sales for the year 2017 reached a record
level, $405.2 million, representing a gain of 5.5% compared to $384.0 million in 2016. Net income for 2017
was also a record, $54.5 million, rising 2.1% compared to $53.4 million in 2016.
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February 20, 2018
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AAON, Inc. Fourth Quarter and Full Year 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.
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| January 2, 2018 |
AAON Announces Tax Reform Bonus for Employees
AAON, Inc. (NASDAQ: AAON), today announced personnel employed by AAON on January 1st, 2018,
excluding officers, will receive a $1,000 bonus in recognition of the new tax reform law. AAON employs
approximately 2,000 individuals at its Tulsa, Oklahoma and Longview, Texas facilities.
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