AAON Q2 2024 record sales $313.6M (+10.4% YoY), EPS $0.62 (+12.7%)

AAON, INC.

2024-Q2 EPS reported $1.09 revenue$575,665,000

Net sales record $313.6M, up 10.4% YoY; diluted EPS $0.62, up 12.7%.
Gross margin expanded to 36.1% from 33.1% on operational efficiencies and lower material costs.
BASX segment sales surged 58.3% driven by data center equipment demand.
Adopted Executive Severance Plan with severance multiples up to 2x base salary for CEO after change in control.

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