AAON’s Explosive Expansion Strategy: Doubling Data Center Capacity To Achieve Unprecedented Growth!

AAON Inc. reported a solid third quarter for 2024, with a 4.9% year-over-year increase in total revenue reaching $327.3 million. Diluted earnings per share rose by 8.6%, illustrating positive financial performance. A notable highlight was the company’s performance in the data center market, where demand for its engineered, energy[1]efficient products significantly increased. Orders in this segment were up 27% year-to-date, with a backlog marking a record of $647.7 million, indicating robust demand and strong customer interest in AAON’s offerings, particularly in data center cooling solutions.