reports
NN, Inc. Reports First Quarter 2025 Results
NN, Inc. Reports First Quarter 2025 Results Company reaffirms full-year adjusted EBITDA 2025 outlook and five-year sales and margin targets Company initiates full-year 2025 free cash flow guidance of $14-$16 million CHARLOTTE, N.C., May 07, 2025 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR) (“NN” or the “Company”), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today reported results for the first quarter ended March 31, 2025. First Quarter Highlights Net sales of $105.7 million, decreased by 12.8% versu...
NN Announces 2025 Investor Day
NN Announces 2025 Investor Day Company plans to host a virtual investor day for analysts, current and prospective investors in August 2025 CHARLOTTE, N.C., April 30, 2025 (GLOBE NEWSWIRE) -- NN (NASDAQ: NNBR) a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today announced its plans to host a 2025 virtual investor day in August 2025. NN has been performing to its short-term and long-term goals. During its coming Investor Day, NN’s executive management plans to provide updates and discuss multiple important shareholder valu...
NN, Inc. to Hold First Quarter 2025 Earnings Conference Call on Thursd...
NN, Inc. to Hold First Quarter 2025 Earnings Conference Call on Thursday, May 8, 2025 CHARLOTTE, N.C., April 24, 2025 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, announced today that it will release its first quarter 2025 financial results for the period ended March 31st, 2025, after the close of the market on Wednesday, May 7th, 2025. The Company will hold a related conference call on Thursday, May 8th, 2025, at 9:00 a.m. E.T. Participants on the call are asked to register f...
NN Announces Another Strong Quarter of New Business Wins
NN Announces Another Strong Quarter of New Business Wins New Business Awards of $16.4 million in first quarter 2025; New Business Awards of over $150 million since Q1 2023; tracking ahead of its five-year plan Company raises five-year Adjusted EBITDA margin target range to 13–14%, and reaffirms previous 2025 Adjusted EBITDA guidance CHARLOTTE, N.C., April 21, 2025 (GLOBE NEWSWIRE) -- NN (NASDAQ: NNBR) today announced an update on its new business wins program and its ongoing above-plan margin results. Highlights: First quarter 2025 new business wins were $16.4 million; we b...
NN Announces Successful Refinancing
NN Announces Successful Refinancing Provides company with the continued ability to move quickly and decisively CHARLOTTE, N.C., April 16, 2025 (GLOBE NEWSWIRE) -- NN (NASDAQ: NNBR) today announced the successful completion of its debt refinancing initiative, accomplished in two steps. Step One - ABL (Asset Backed Loan) Refinancing – This refinancing with PNC Bank, N.A. was previously announced in January 2025: $65 million facilityFive-year maturity to 2030Improved collateral and borrowing amounts$15 million capex line at ABL ratesSlightly lower rates than previous ABL Step Two ...
NN, Inc. Executive Management to Present at the Sidoti Small Cap Confe...
NN, Inc. Executive Management to Present at the Sidoti Small Cap Conference CHARLOTTE, N.C., March 18, 2025 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, announced today that Harold Bevis, President and Chief Executive Officer, and Chris Bohnert, Senior Vice President and Chief Financial Officer, will be presenting virtually at the Sidoti Small Cap Conference on Thursday March 20, 2025. The presentation will begin at 3:15 p.m. ET on Thursday, March 20, 2025. Investors in...
NN, Inc. Reports Fourth Quarter and Full Year 2024 Results
NN, Inc. Reports Fourth Quarter and Full Year 2024 Results NN delivers performance as expected in first full year of transformation NN is accelerating and further refining transformation plans in 2025 CHARLOTTE, N.C., March 05, 2025 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR) (“NN” or the “Company”), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today reported its financial results for the fourth quarter and full-year ended December 31, 2024. Key results for the quarter and full-year ended 2024 include (compared with th...
NN, Inc. to Hold Fourth Quarter and Full Year 2024 Earnings Conference...
NN, Inc. to Hold Fourth Quarter and Full Year 2024 Earnings Conference Call on Thursday, March 6, 2025 CHARLOTTE, N.C., Feb. 20, 2025 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, announced today that it will release its fourth quarter and full-year 2024 financial results for the period ended December 31st, 2024, after the close of the market on Wednesday, March 5th, 2025. The Company will hold a related conference call on Thursday, March 6th, 2025, at 9:00 a.m. E.T. Participan...
NN, Inc. Announces Revised Presentation Date and Time at Upcoming Sido...
NN, Inc. Announces Revised Presentation Date and Time at Upcoming Sidoti Micro Cap Conference CHARLOTTE, N.C., Jan. 21, 2025 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, is announcing a revised date and time for the executive management’s virtual presentation at the upcoming Sidoti Micro Cap conference. The presentation will now begin at 2:30 p.m. ET on Wednesday, January 22nd, 2025. Investors interested in accessing the webcast presentation may register to view the live even...
NN, Inc. Announces Release of Company’s 2023 Sustainability Report
NN, Inc. Announces Release of Company’s 2023 Sustainability Report CHARLOTTE, N.C., Jan. 17, 2025 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today announced the release of its 2023 Sustainability Report, detailing the company’s efforts and accomplishments in advancing sustainable business practices and strategies for further improvement for the fiscal year 2023. The report reflects NN’s dedication to transparency, innovation, and responsible business practices. The report a...
NN, Inc. Executive Management to Present at the Sidoti Micro Cap Confe...
NN, Inc. Executive Management to Present at the Sidoti Micro Cap Conference CHARLOTTE, N.C., Jan. 17, 2025 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, announced today that Harold Bevis, President and Chief Executive Officer, and Chris Bohnert, Senior Vice President and Chief Financial Officer, will be presenting virtually at the Sidoti Micro Cap Conference on January 23rd, 2025. The presentation will begin at 10:45 a.m. ET on Thursday, January 23rd, 2025. Investors interes...
NN, Inc. Announces Second Consecutive Year of Record-Setting New Busin...
NN, Inc. Announces Second Consecutive Year of Record-Setting New Business Wins New business awards of $73 million in 2024, bringing two-year total to $136 million CHARLOTTE, N.C., Jan. 14, 2025 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today announced the results of its new business wins program for the year ended December 31, 2024. Highlights: Full-year 2024 new business wins were $73 million, exceeding the high end of the Company’s guidance rangeRecord amount of a...
NN, Inc. Announces New Asset-Based Lending Facility
NN, Inc. Announces New Asset-Based Lending Facility New ABL facility marks successful next step in Company’s balance sheet optimization strategy CHARLOTTE, N.C., Jan. 02, 2025 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, announced today that it has entered into an ABL Credit Agreement governing a new asset-backed senior secured revolving credit facility (the “ABL”). The new ABL Credit Agreement will provide NN Inc. with a $50 million revolving credit facility. The proceeds f...
NN, Inc. Executive Management to Present at the Noble Capital Markets ...
NN, Inc. Executive Management to Present at the Noble Capital Markets 20th Annual Emerging Growth Equity Conference CHARLOTTE, N.C., Dec. 02, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, announced today that Chris Bohnert, Senior Vice President and Chief Financial Officer, will present at Noble Capital Markets’ NobleCon20 Twentieth Annual Emerging Growth Equity Conference at Florida Atlantic University, Executive Education Complex on Tuesday, December 3rd at 1:30 p.m. ET....
NN, Inc. Executive Management to Present at the Gabelli Funds 48th Ann...
NN, Inc. Executive Management to Present at the Gabelli Funds 48th Annual Automotive Symposium CHARLOTTE, N.C., Nov. 02, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, announced today that Harold Bevis, President and Chief Executive Officer, and Chris Bohnert, Senior Vice President and Chief Financial Officer, will be presenting at the Gabelli Funds 48th Annual Automotive Symposium on November 4, 2024 in Las Vegas. The presentation will begin at 11:20 a.m. PT (2:20 p.m. ...
NN, Inc. Reports Third Quarter 2024 Results
NN, Inc. Reports Third Quarter 2024 Results Transformation agenda moving at a faster pace, with footprint changes and operating expense reductions; new business wins continue at a strong rate, expect 2025 year-over-year sales growth CHARLOTTE, N.C., Oct. 30, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today reported its financial results for the third quarter ended September 30, 2024. Highlights New business wins in the quarter were $15 million, bringing year-to-date...
NN, Inc. to Reschedule Third Quarter 2024 Earnings Conference Call for...
NN, Inc. to Reschedule Third Quarter 2024 Earnings Conference Call for Thursday, October 31, 2024 CHARLOTTE, N.C., Oct. 23, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, announced today that it has rescheduled the release of its third quarter 2024 financial results for the period ended September 30th, 2024. The Company will now publish its third quarter earnings one day earlier than its previously scheduled release, after the close of the market on Wednesday, October 30...
NN, Inc. to Hold Third Quarter 2024 Earnings Conference Call on Friday...
NN, Inc. to Hold Third Quarter 2024 Earnings Conference Call on Friday, November 1, 2024 CHARLOTTE, N.C., Oct. 17, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, announced today that it will release its third quarter 2024 financial results for the period ended September 30th, 2024, after the close of the market on Thursday, October 31st, 2024. The Company will hold a related conference call on Friday, November 1st, 2024, at 9:00 a.m. E.T. Participants on the call are asked ...
NN, Inc. Reports Second Quarter 2024 Results
NN, Inc. Reports Second Quarter 2024 Results Continued profitability improvement and stronger pace of new business wins driven by strategic transformation plan Company reaffirms full year 2024 outlook CHARLOTTE, N.C., Aug. 07, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today reported its financial results for the second quarter ended June 30, 2024. Highlights Strategic transformation program drove enhanced results, fourth consecutive quarter of improved year-over-ye...
NN, Inc. to Hold Second Quarter 2024 Earnings Conference Call on Thurs...
NN, Inc. to Hold Second Quarter 2024 Earnings Conference Call on Thursday, August 8, 2024 CHARLOTTE, N.C., July 26, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, announced today that it will release its second quarter 2024 financial results for the period ended June 30, 2024, after the close of the market on Wednesday, August 7, 2024. The company will hold a related conference call on Thursday, August 8, 2024, at 10 a.m. E.T. Participants on the call are asked to register ...
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