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Aaon ( (AAON) ) just unveiled an update.
AAON, Inc., a leader in energy-efficient HVAC solutions, reported a 4.9% increase in net sales for the third quarter of 2024, reaching a record $327.3 million, driven by significant growth in the BASX and AAON Coil Products segments. Despite a slight drop in gross profit margin to 34.9% due to inefficiencies, the company maintained its earnings per diluted share at $0.63, flat compared to the previous year. Elevated depreciation costs were offset by reduced professional fees, reflecting AAON’s strategic investments and financial management.
See more insights into AAON stock on TipRanks’ Stock Analysis page.
