MARKET COMPOSITE
NNBR - NN Inc8:00:00 PM 4/24/2024
Price
$3.83
-0.17 (-4.37%)
NN, Inc., a diversified industrial company, designs and manufactures high-precision solutions, components, and assemblies for the medical, aerospace and defense, electrical, automotive, and general industrial markets. It operates through Life Sciences, Mobile Solutions, and Power Solutions segments. The Life Sciences segment designs and manufactures a range of high-precision metal and plastic components, assemblies, and finished devices, such as surgical knives, bioresorbable implants, surgical staples, cases and trays, orthopaedic implants and tools, laparoscopic devices, and drug delivery devices for the orthopaedics and medical/surgical end markets. The Mobile Solutions segment manufactures system critical components for fuel systems, engines and transmissions, power steering systems, and electromechanical motors for general industrial and automotive end markets. The Power Solutions segment designs and manufactures a 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. Its products include electrical contacts, connectors, contact assemblies, and precision stampings for the electrical end market; and high precision products for the aerospace and defense end markets. The company sells its products worldwide primarily to manufacturers directly. NN, Inc. was founded in 1980 and is headquartered in Charlotte, North Carolina.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue112.5MM-10%
Gross Profit14MM-
Cost Of Revenue98.5MM-6%
Operating Income-7.9MM-
Operating Expenses21.9MM-
Net Income-20.5MM-
G&A11.6MM-1%
Interest Expense5.7MM-1%
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Stock news

    CHARLOTTE, N.C., April 24, 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 first quarter 2024 financial results for the period ended March 31, 2024, after the close of the market on Monday, May 6, 2024. The company will hold a related conference call on Tuesday, May 7, 2024, at 9 a.m. E.T. Participants on the call are asked to register five

    30 Year Veteran Brings Decades of Manufacturing, Operations, and Business Transformation Expertise to NN, Inc.CHARLOTTE, N.C., April 10, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today announced the appointment of Jeff Tritapoe as Vice President of Global Operations, effective April 10, 2024. In this newly created position, Jeff will be a key leader responsible for driving th

    When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase...

    $65+ million per year pace for new business awards continuesCHARLOTTE, N.C., April 08, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today announced another strong quarter of new business wins, with $17.2 million in new business awards in the first quarter of 2024. NN continued its momentum from the second half of 2023, consistent with the company’s 2024 target of $55-$70 million

    By Thomas Kerr, CFA NASDAQ:NNBR READ THE FULL NNBR RESEARCH REPORT Net sales in the 4th quarter were $112.5 million, which was a decrease of 4.6% from the 4th quarter of 2022. This was primarily the result of reduced volumes from recent facility closures and partially offset by higher customer pricing and favorable foreign exchange effects. Operating loss was ($7.9) million compared to a loss

    NN ( NASDAQ:NNBR ) Full Year 2023 Results Key Financial Results Revenue: US$489.3m (down 1.9% from FY 2022). Net loss...

    NN, Inc. (NASDAQ:NNBR) Q4 2023 Earnings Call Transcript March 12, 2024 NN, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day. And welcome to the NN, Inc. Fourth Quarter 2023 Earnings Conference Call [Operator Instructions]. Please note, today’s […]

    Q4 2023 NN Inc Earnings Call03-13-2024 03:11:04 AM

    Q4 2023 NN Inc Earnings Call

    NEW YORK, NY / ACCESSWIRE / March 12, 2024 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day March Small-Cap Conference taking place Wednesday and Thursday, March 13-14, ...

    Company Announces 2024 Guidance Amidst Ongoing Transformation