NN, Inc. engages in the design and manufacture high-precision components and assemblies primarily for the electrical, automotive, general industrial, aerospace and defense, and medical markets. It operates through the Mobile Solutions and Power Solutions segments. The Mobile Solutions segment manufactures system critical components for fuel systems, engines and transmissions, power steering systems, and electromechanical motors. The Power Solutions segment designs and produces a broad range of high-precision metal and plastic components, assemblies, and finished devices used in applications ranging from power control to flight control, and for military devices. The company was founded by Richard D. Ennen in October 1980 and is headquartered in Charlotte, NC.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

NN, Inc. reports Q4 growth amidst challenges, eyes margin protection

NN, Inc.'s Q4 2022 performance showcased revenue growth, though accompanied by a net loss. The company's strategic initiatives aim to address challenges and capitalize on opportunities in key market segments. Despite inflationary pressures and operational hurdles, NNBR remains focused on maintaining profitability and pursuing growth avenues.

NN (NNBR) reports Q1 challenges, eyes growth in EV market

NN (NNBR) faced challenges in Q1 2023 due to a construction slowdown impacting Power Solutions, leading to a decline in overall sales.
Despite the challenges, the company showcased strengths in securing new business wins, operational improvements, and growth in the EV and auto segments.
Opportunities lie in leveraging market trends, upcoming leadership changes, and a focus on sales strategies to drive future growth and navigate challenges.

NN Inc. reports solid Q2 results, eyes growth in new markets

NN Inc.'s Q2 performance reflects a focus on growth, profitability, and operational enhancements.
While facing challenges in certain segments, the company's strategic strengths lie in cost management and new market opportunities.
With a revised outlook and ongoing transformation plan, NN Inc. aims for sustained growth and improved financial performance.

NN, Inc. reports resilient Q3 performance amidst challenges and growth

NN, Inc. delivered a solid performance in Q3 2023, showcasing growth in profitability and cash flow despite challenges such as the UAW strike impact and market softness.
The company's strategic focus on new business wins, cost reduction, and operational efficiency underscores its resilience and commitment to long-term success.
With a strong emphasis on vertical integration, operational improvements, and market expansion, NN, Inc. is well-positioned to navigate challenges and capitalize on growth opportunities.
By optimizing operations, aligning the sales team effectively, and pursuing strategic growth initiatives, NN, Inc. aims to enhance profitability and drive sustainable growth in the future.

NN, Inc. reports Q4 earnings dip, eyes growth in new markets

NN, Inc.'s Q4 performance reflects revenue challenges from closures but shows improvements in EBITDA and free cash flow, with a positive outlook for 2024.
The company's transformation plan and focus on new business wins, debt management, and market expansion position NN for sustainable growth.
While facing challenges from closures and pricing adjustments, NN has opportunities in new markets, debt reduction strategies, and medical segment growth.
Management's strategic initiatives and operational focus underline NN's commitment to value creation and performance enhancement in 2024 and beyond.

NN Inc. posts robust Q1 earnings, eyes China growth opportunities

NN Inc. reported strong financial performance in Q1 2024, focusing on operational efficiency and growth in key markets. Challenges include softness in the residential sector and the need to outpace market growth rates. Opportunities lie in restructuring actions, CapEx spending for growth, and leveraging China's market expansion.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

CHARLOTTE, N.C., Nov. 14, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that manufactures high-precision components and assemblies, announced today that Harold Bevis, President and Chief Executive Officer, and Michael Felcher, Senior Vice President and Chief Financial Officer, will present virtually at the Sidoti Micro-Cap Virtual Conference on November 15, 2023, at 2:30 p.m. ET. A link to the webcast and associated presentation materials can be accessed through the investor section of the Company's website at www.nninc.com.

NN, Inc. Executive Management to Participate in the Sidoti Virtual Micro-Cap Investor Conference

NN, Inc. (NASDAQ:NNBR ) Q3 2023 Earnings Call Transcript November 7, 2023 9:00 AM ET Company Participants Alec Steinberg - Investor Relations Harold Bevis - President and Chief Executive Officer Michael Felcher - Senior Vice President and Chief Financial Officer Conference Call Participants Robert Brown - Lake Street Capital Market Thomas Kerr - Zacks Investment Research Barry Haimes - Sage Asset Management Peter Sidoti - Sidoti & Company Operator Good morning and welcome to the NN, Inc. Third Quarter 2023 Earnings Call. All participants will be in a listen-only mode.

NN, Inc. (NNBR) Q3 2023 Earnings Call Transcript

Execution against the transformation plan drives margin expansion, adjusted EBITDA growth, and strong free cash flow

NN, Inc. Reports Financial Results for Third Quarter 2023

CHARLOTTE, N.C., Oct. 23, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that manufactures high-precision components and assemblies, today announced that it will release its third quarter 2023 financial results for the period ended September 30, 2023 after the close of the market on Monday, November 6, 2023. The company will hold a related conference call on Tuesday, November 7, 2023 at 9:00 a.m. E.T. Participants on the call are asked to register five to ten minutes prior to the scheduled start time by dialing 1-877-255-4315 and from outside the U.S. at 1-412-317-6579.

NN, Inc. to Hold Third Quarter 2023 Earnings Conference Call on Tuesday, November 7, 2023

CHARLOTTE, N.C., Oct. 18, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that manufactures high-precision components and assemblies, today announced its new medical device division, NN Medical, which will expand its current medical business to leverage NN's full capacity across a global footprint.

NN Creates Division Focused on Medical Device Market

C-Suite Veteran brings Critical Global Cost Management Transformation Experience to Leadership Team C-Suite Veteran brings Critical Global Cost Management Transformation Experience to Leadership Team

NN, Inc. Announces David Harrison as Chief Procurement Officer

C-Suite Veteran Brings Decades of Manufacturing, Operations, and Business Transformation Expertise C-Suite Veteran Brings Decades of Manufacturing, Operations, and Business Transformation Expertise

NN, Inc. Announces Tim French as Senior Vice President and Chief Operating Officer

NN, Inc. (NASDAQ:NNBR ) Q2 2023 Earnings Conference Call August 4, 2023 9:00 AM ET Company Participants Alex Steinberg - Investor Relations Harold Bevis - President and Chief Executive Officer Mike Felcher - Senior Vice President and Chief Financial Officer Verlin Bush - Chief Commercial Officer Douglas Campos - Interim Chief Operating Officer of Mobile Solutions Gunars Vinkels - GM Power Solutions. Conference Call Participants Robert Brown - Lake Street Capital Market Thomas Kerr - Zacks Investment Research Operator Good morning, and welcome to the NN, Inc. Second Quarter 2023 Earnings Conference Call.

NN, Inc. (NNBR) Q2 2023 Earnings Call Transcript

Business transformation fully underway as enhanced strategic initiatives building momentum Business transformation fully underway as enhanced strategic initiatives building momentum

UPDATE - NN, Inc. Reports Financial Results for Second Quarter 2023

NN, Inc. Reports Financial Results for Second Quarter 2023

CHARLOTTE, N.C., Aug. 01, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that manufactures high-precision components and assemblies, today announced the promotion of three senior leaders to new roles.

NN Names New Leaders in Mobile Solutions, Power Solutions and Asia Pacific

CHARLOTTE, N.C., July 20, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that manufactures high-precision components and assemblies, today announced that it will release its second quarter 2023 financial results for the period ended June 30, 2023 after the close of the market on Thursday, August 3, 2023. The company will hold a related conference call on Friday, August 4, 2023 at 9:00 a.m. E.T. Participants on the call are asked to register five to ten minutes prior to the scheduled start time by dialing 1-877-317-6789 and from outside the U.S. at 1-412-317-6789.

NN, Inc. To Hold Second Quarter 2023 Earnings Conference Call on Friday, August 4, 2023

Early retirement of two directors aligns with governance best practices and reduces go-forward corporate expenses Early retirement of two directors aligns with governance best practices and reduces go-forward corporate expenses

NN, Inc. Announces Plan to Reduce Board Size From Nine to Seven Members

Added Organizational Changes Advance Customer-Centric Operations and Sales Integration Added Organizational Changes Advance Customer-Centric Operations and Sales Integration

NN Promotes Verlin Bush to Chief Commercial Officer

Great Elm Group

Purple Innovation

Insiders and institutions are targeting penny stocks that offer deep value, face temporal challenges, and are misunderstood by the market.

3 Penny Stocks The Insiders Are Buying

Industry Veteran Brings Decades of Experience in Electric Vehicles, Technology, Business Transformation and Growth Industry Veteran Brings Decades of Experience in Electric Vehicles, Technology, Business Transformation and Growth

NN, Inc. Announces Harold Bevis as President and Chief Executive Officer

NN, Inc. (NASDAQ:NNBR ) Q1 2023 Earnings Conference Call May 5, 2023 9:00 AM ET Company Participants Jeff Tryka - Investor Relations Mike Felcher - Senior Vice President and Chief Financial Officer Andrew Wall - Senior Vice President and Chief Commercial Officer Douglas Campos - Interim Chief Operating Officer of Mobile Solutions Conference Call Participants Rob Brown - Lake Street Capital Markets Tom Kerr - Zacks Investment Research Operator Good morning, and welcome to the NN, Inc. First Quarter 2023 Earnings Conference Call. All participants will be in listen-only mode.

NN, Inc. (NNBR) Q1 2023 Earnings Call Transcript

Results impacted by continued macro challenges and new program launch inefficiencies Results impacted by continued macro challenges and new program launch inefficiencies

NN, Inc. Reports Financial Results for First Quarter 2023

CHARLOTTE, N.C., April 28, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that manufactures high-precision components and assemblies, today announced that due to health reasons, Matthew S. Heiter is resigning as Senior Vice President, General Counsel and Secretary of NN, Inc., effective immediately.

NN, Inc. Announces Resignation of Matthew Heiter, Senior Vice President, General Counsel and Secretary, Due to Health Reasons

CHARLOTTE, N.C., April 24, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that manufactures high-precision components and assemblies, has opened a state-of-the-art 50,000+ square foot facility in São João da Boa Vista, São Paulo, Brazil. NN employs approximately 3500 associates globally, including approximately 600 in São João da Boa Vista. This new facility, the third on the São João da Boa Vista campus, will provide jobs for an additional 200 employees, making NN a top employer in the area.

NN, Inc. opens plant in São João da Boa Vista, São Paulo, Brazil

CHARLOTTE, N.C., April 20, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a diversified industrial company, announced today that it will release its first quarter 2023 financial results for the period ended March 31, 2023 after the close of the market on Thursday, May 4, 2023. The company will hold a related conference call on Friday, May 5, 2023 at 9:00 a.m. ET. Participants on the call are asked to register five to ten minutes prior to the scheduled start time by dialing 1-877-317-6789 and from outside the U.S. at 1-412-317-6789. Please use the conference identification number 10176815.

NN, Inc. To Hold First Quarter 2023 Earnings Conference Call on Friday, May 5, 2023

Fintel reports that Corre Partners Management has filed a 13D/A form with the SEC disclosing ownership of 5.98MM shares of NN Inc (NNBR).

Corre Partners Management Now Owns 13.64% of NN

NN, Inc. (NASDAQ:NNBR ) Q4 2022 Earnings Conference Call March 10, 2023 9:00 AM ET Company Participants Jeffery Tryka - Lambert & Co. Warren Veltman - President, CEO & Director Andrew Wall - SVP & Chief Commercial Officer Michael Felcher - SVP, CFO & CAO Conference Call Participants Robert Barger - KeyBanc Capital Markets Robert Brown - Lake Street Capital Markets Thomas Kerr - Zacks Investment Research Operator Good morning, everyone, and welcome to the NN, Inc. Fourth Quarter and Full Year '22 Earnings Conference Call. [Operator Instructions].

NN, Inc. (NNBR) Q4 2022 Earnings Call Transcript

Fourth quarter net sales increased 6.9% over the prior year; Provides Outlook for 2023 Fourth quarter net sales increased 6.9% over the prior year; Provides Outlook for 2023

NN, Inc. Reports Financial Results For Fourth Quarter and Full Year 2022

CHARLOTTE, N.C., March 07, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a diversified industrial company, today announced an amendment to its $150 million term loan with funds managed by Oaktree Capital Management, L.P. (“Oaktree”). The Company also amended its asset backed credit facility (ABL) with J.P. Morgan.

News for NN Stock (NNBR)