Aaon Inc Stock Price, News & Analysis

AAON, Inc. announced that Norman H. Asbjornson will retire as Executive Chairman on May 12, 2022, after nearly 34 years of service but will remain on the Board of Directors and assist in a consulting role until May 2024. CEO Gary Fields highlighted the planned succession and expressed confidence in the company’s strategic objectives moving forward. Asbjornson praised AAON's achievements and expressed confidence in the company’s future under the leadership of Fields.

AAON has announced its quarterly conference call scheduled for May 5, 2022, at 5:15 p.m. Eastern. This call will discuss the first quarter 2022 financial results, which will be released after the market closes on the same day. Participants can join via a dial-in or a listen-only webcast by registering online. A replay will be available the following business day on the company's website.

Founded in 1988, AAON specializes in manufacturing energy-efficient HVAC products for nonresidential buildings.

On April 13, 2022, AAON (NASDAQ: AAON) announced that CFO Rebecca Thompson has been honored with the 2022 STEP Ahead Award by the Manufacturing Institute. This award recognizes women demonstrating leadership in manufacturing. Thompson expressed gratitude for AAON's support of women leaders and emphasized the importance of mentorship. The STEP Ahead initiative aims to close the gender gap in manufacturing by empowering women and fostering a skilled workforce. The award ceremony will take place on April 28 in Washington, D.C.

AAON, Inc. announced the retirement of Paul K. Lackey, Jr. from its Board of Directors, effective at the Annual Meeting on May 12, 2022. Lackey, who has served since 2007, will not seek re-election to reduce his professional commitments. CEO Gary D. Fields expressed gratitude for Lackey's invaluable contributions over nearly 15 years. AAON, founded in 1988, specializes in manufacturing premium air conditioning and heating equipment.

AAON, a leading manufacturer of energy-efficient HVAC systems, announced that President and CEO Gary Fields and CFO Rebecca Thompson will participate in the Sidoti & Company Small Cap Virtual Conference on March 24, 2022, at 11:30 a.m. ET. The live webcast will be available on the AAON website, with an archive accessible post-event. Since its founding in 1988, AAON has specialized in the engineering, manufacturing, and sale of HVAC equipment, emphasizing superior performance and customer satisfaction.

AAON, a leader in HVAC solutions, announced participation in the J.P. Morgan Industrials Conference on March 17, 2022, at 2:10 p.m. ET. President Gary Fields, CFO Rebecca Thompson, and Matt Tobolski from BasX Solutions will represent the company. The event will be streamed live on the AAON website, with a recording available for 30 days post-event. Founded in 1988, AAON specializes in manufacturing energy-efficient heating and cooling equipment for nonresidential buildings, ensuring high performance and customer satisfaction.

AAON, a leader in HVAC products, reported a Q4 2021 revenue of $136.3 million, reflecting a 16.8% increase year-over-year. Despite this growth, gross profit fell 21.7% to $26.5 million, primarily due to supply chain issues and inflationary pressures, resulting in a net income of $6.2 million or $0.11 per share, down 68.6%. The company’s backlog surged 249.6% year-over-year to $260.2 million. The CFO indicated a strong financial position, while the CEO expressed optimism for recovery in production and margins in 2022.

AAON, a leader in HVAC products, will host its quarterly conference call on February 28, 2022, at 5:15 p.m. to discuss fourth quarter 2021 financial results. The results will be released after market close the same day.

Investors can participate via a Q&A dial-in or a listen-only webcast by registering at this link. A replay will be available the following business day on AAON's website.

AAON, Inc. announced the election of Gene Stewart as Executive Vice President and Doug Wichman as Executive Vice President of AAON Coil Products, effective January 1, 2022. Stewart previously served as President of AAON Coil Products and has extensive industry experience, while Wichman, with the company since 2013, was most recently Director of Manufacturing. CEO Gary D. Fields emphasized these promotions align with succession planning and acknowledge their contributions to the company's success.