Rochester, NY 9/1/2009 10:41:43 PM
AAON Inc. AAON, late moring report up 0.19%
AAON Inc
Aaon(AAON Quote) makes air-conditioning and heating equipment. Second-quarter net income decreased 9% to $7.1 million and earnings per share fell 5% to 41 cents as revenue declined 8% to $69 million. The operating margin inched past 16% and the net margin hovered above 10%. Aaon has an admirable financial position. Its balance sheet holds $14 million of cash, translating to a quick ratio of 1.3, and minimal debt.
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Last Trade: 20.92
Day's Range: 20.62 - 21.30
52wk Range: 12.79 - 22.48
Change: Up 0.04 (0.19%)
Volume: 17,882
Avg Vol (3m): 110,634
About AAON Inc.
AAON, Inc., together with its subsidiaries, engages in the manufacture and sale of air-conditioning and heating equipment primarily in the United States and Canada. Its products include standardized and custom rooftop units; chillers; make-up air units; heat recovery units; air-handling units that consist of coils, blowers, and filters; condensing units comprising coils, fans, and compressors; coils consisting of a sheet metal casing with tubing and fins; and boilers that include boilers and a sheet metal cabinet. The company's products serve the commercial and industrial new construction and replacement markets. AAON sells its products primarily to property owners and contractors through a network of manufacturers' representatives and its internal sales force. The company was founded in 1987 and is based in Tulsa, Oklahoma.
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