AAON (AAON) stock tumbled 10.49% on Monday after disappointing earnings in the second quarter. Net income fell by 70% to $15.5 million, while net sales slightly dipped to $311 million, driven by an 18% decrease in sales from its Oklahoma segment.

CEO Matt Tobolski attributed the underperformance to operational issues with a new ERP system at the Longview facility. Immediate actions are being taken to address the issues and improve execution for consistent results in the future.

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Read more at Yahoo Finance: AAON (AAON) Tumbles 10.49% as Earnings Disappoint