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.

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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.

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CHARLOTTE, N.C., March 01, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company, is pleased to announce that it earned two 2022 Best Delivery Performance – Direct Sourcing awards from Cummins Inc. at the recent Cummins 2022 Global Supplier Recognition event. Out of the thousands of companies across its value chain, Cummins recognized a total of 20 domestic and global suppliers. NN received both the North America and the Global award in the delivery category.

Cummins honors NN, Inc. with its 2022 Best Delivery Performance Award

CHARLOTTE, N.C., Feb. 24, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a diversified industrial company, announced today that it will release its fourth quarter and full year 2022 financial results for the period ended December 2022 after the close of the market on Thursday, March 9, 2023. The company will hold a related conference call on Friday, March 10, 2023 at 9:00 a.m. EDT. 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 10173910.

NN, Inc. To Hold Fourth Quarter and Full Year 2022 Earnings Conference Call on Friday, March 10, 2023

CHARLOTTE, N.C., Feb. 16, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company, has announced that its Wuxi, China manufacturing plant earned the 2022 Supplier Best Quality Award from the Schaeffler Group at its Supplier Day celebration.

Schaeffler honors NN, Inc. with its 2022 Supplier Best Quality Award

CHARLOTTE, N.C., Dec. 15, 2022 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company, is pleased to announce that its Wuxi, China manufacturing plant received the 2021 Supplier Excellent Quality Award from the global auto parts manufacturer DENSO. The 2021 Award was postponed until this year due to COVID-19 disruptions.

DENSO honors NN, Inc. with its 2021 Supplier Excellent Quality Award

CHARLOTTE, N.C., Nov. 29, 2022 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company, and Nylacast Automotive are pleased to announce their collaboration on electric power steering (EPS) worm wheel and worm shaft gearsets.

Nylacast Automotive and NN, Inc. to Partner on Worm Gearsets

CHARLOTTE, N.C., Nov. 15, 2022 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company, is pleased to announce that Steve Heethuis, Training Director, has been recognized as the 2022 MFG Talent Champion by the Michigan Manufacturers Association (MMA).

Steve Heethuis named 2022 MFG Talent Champion by the Michigan Manufacturers Association

NN, Inc. (NASDAQ:NNBR ) Q3 2022 Earnings Conference Call November 2, 2022 9:00 AM ET Company Participants Jeff Tryka - Investor Relations Warren Veltman - President & Chief Executive Officer Mike Felcher - Senior Vice President & Chief Financial Officer Conference Call Participants Rob Brown - Lake Street Capital Markets Tom Kerr - Zacks Investment Research Operator Good morning and welcome to the NN, Inc. Third Quarter 2022 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.

NN, Inc. (NNBR) Q3 2022 Earnings Call Transcript

CHARLOTTE, N.C., Nov. 01, 2022 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company, today announced that its Board of Directors has implemented a management transition plan to address the planned retirements of Warren Veltman, President and Chief Executive Officer, and John Buchan, Executive Vice President, Mobile Solutions and Power Solutions.   NN anticipates that Mr. Veltman and Mr. Buchan will remain in their current positions until March 31, 2023, which may be extended in order to facilitate an orderly transition. Following their respective retirements, the Company expects that Mr. Veltman and Mr. Buchan will remain available on a consulting basis to assist with the management transition as needed.

NN, Inc. Announces Executive Team Transition

Net sales increased 8.6% over the prior year; Continued progress on strategic initiatives despite challenging inflation and supply chain environment Net sales increased 8.6% over the prior year; Continued progress on strategic initiatives despite challenging inflation and supply chain environment

NN, Inc. Reports Financial Results for Third Quarter

CHARLOTTE, N.C., Oct. 18, 2022 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company, announced today that it will release its third quarter 2022 financial results for the period ended September 2022 after the close of the market on Tuesday, November 1, 2022. The company will hold a related conference call on Wednesday, November 2, at 9:00 a.m. EDT. 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 10170581.

NN, Inc. To Hold Third Quarter 2022 Earnings Conference Call on Wednesday, November 2, 2022

CHARLOTTE, N.C., Oct. 13, 2022 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a diversified industrial company, today announced that it will close its manufacturing facility in Irvine, California. The decision is part of NN's strategic shift to focus on organic growth opportunities in the rapidly growing electric vehicle and electric infrastructure markets, and its ongoing efforts to optimize the Company's manufacturing footprint and improve profitability and cash flow generation. NN has initiated a total of five plant closures in 2022 and expects to complete all closures by March 2023.

NN, Inc. Announces Closure of Manufacturing Facility in Irvine, California

NN, Inc. (NASDAQ:NNBR ) Q2 2022 Earnings Conference Call August 5, 2022 9:00 AM ET Company Participants Jeff Tryka - IR Warren Veltman - President and CEO Mike Felcher - SVP and CFO Conference Call Participants Rob Brown - Lake Street Capital Markets Tom Kerr - Zacks Investment Research Operator Hello, and welcome to the NN, Inc. Second Quarter 2022 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.

NN, Inc. (NNBR) CEO Warren Veltman on Q2 2022 Results - Earnings Call Transcript

Company makes continued progress despite challenging macroeconomic conditions Company makes continued progress despite challenging macroeconomic conditions

NN, Inc. Reports Financial Results for Second Quarter of 2022

CHARLOTTE, N.C., July 21, 2022 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a diversified industrial company, announced today that it will release its second quarter 2022 financial results for the period ended June 2022 after the close of the market on Thursday, August 4, 2022. The company will hold a related conference call on Friday, August 5, at 9:00 a.m. EDT. 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 10167967.

NN, Inc. To Hold Second Quarter 2022 Earnings Conference Call on Friday, August 5, 2022

NN, Inc. (NASDAQ:NNBR ) Q1 2022 Earnings Conference Call May 6, 2022 9:00 AM ET Company Participants Jeff Tryka - IR Warren Veltman - President and CEO Mike Felcher - SVP and CFO Conference Call Participants Rob Brown - Lake Street Capital Operator Good morning, and welcome to the NN, Incorporated First Quarter 2022 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.

NN, Inc. (NNBR) CEO Warren Veltman on Q1 2022 Results - Earnings Call Transcript

CHARLOTTE, N.C., May 06, 2022 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a diversified industrial company, today announced that the Company's 2022 Investor/Analyst Day will be held virtually on Friday, May 20th at 9:00 am ET. The event will feature presentations from the Company's Executive Team, Board Members, and employees at our manufacturing sites and will provide an update on the Company's strategy and financial goals. Management will address questions submitted by participants electronically via two separate Q&A sessions.

NN, Inc. Announces 2022 Virtual Investor Day on May 20th

Solid First Quarter Results; Reaffirming 2022 Outlook Solid First Quarter Results; Reaffirming 2022 Outlook

NN, Inc. Reports Financial Results for First Quarter

CHARLOTTE, N.C., April 22, 2022 (GLOBE NEWSWIRE) --  NN, Inc. (NASDAQ: NNBR), a diversified industrial company, today announced that it will release its first quarter 2022 financial results for the period ended March 2022, after the close of the market on Thursday, May 5, 2022. The company will hold a related conference call on Friday, May 6, at 9:00 a.m. EDT. 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 10164949.

NN, Inc. To Hold First Quarter 2022 Earnings Conference Call on Friday, May 6, 2022

NN, Inc. (NNBR) CEO Warren Veltman on Q4 2021 Results - Earnings Call Transcript

Provides Outlook for Full Year 2022 Provides Outlook for Full Year 2022

NN, Inc. Reports Financial Results For Fourth Quarter and Full Year 2021

CHARLOTTE, N.C., March 04, 2022 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a diversified industrial company, today announced an amendment to its 5.5-year $150 million term loan with funds managed by Oaktree Capital Management, L.P. (“Oaktree”). The amendment increases the maximum total leverage ratio covenants for all quarters of 2022 and 2023.

NN, Inc. Announces Amendment to Term Loan

CHARLOTTE, N.C., Feb. 24, 2022 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a diversified industrial company, today announced that it will close its manufacturing facility in Taunton, Massachusetts. The decision to close this facility, which is part of NN's Power Solutions group, was made to optimize the Company's Aerospace, Defense and Medical (AD&M) manufacturing footprint and as part of its ongoing efforts to improve profitability and cash flow generation.

NN, Inc. Announces Closure of Manufacturing Facility in Taunton, Massachusetts

CHARLOTTE, N.C., Feb. 24, 2022 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a diversified industrial company, today announced that it will release its fourth quarter 2021 financial results for the period ended December 31, 2021, after the close of the market on Thursday, March 10, 2022. The company will hold a related conference call on Friday, March 11, at 9:00 a.m. EDT. 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 10155675.

NN, Inc. To Hold Fourth Quarter 2021 Earnings Conference Call on Friday, March 11, 2022

CHARLOTTE, N.C., Dec. 16, 2021 /PRNewswire/ -- NN, Inc. (NASDAQ: NNBR), a diversified industrial company, today announced J.

NN, Inc. Names J. Andrew Wall as Chief Commercial Officer

NN, Inc. (NNBR) CEO Warren Veltman on Q3 2021 Results - Earnings Call Transcript

News for NN Stock (NNBR)