NN, Inc. Reports Second Quarter 2019 Results
NN, Inc. (NNBR)
Last nn, inc. earnings: 3/12 07:25 pm
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US:NASDAQ Investor Relations:
investors.nninc.com
Company Research
Source: PR Newswire
CHARLOTTE, N.C., Aug. 8, 2019 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR), a diversified industrial company, today reported its financial results for the second quarter ended June 30, 2019. GAAP ResultsSecond QuarterNet sales for the second quarter of 2019 increased $25.3 million, or 12.9% to $221.7 million, compared to $196.3 million for the second quarter of 2018. Growth was driven by $19.5 million from acquisitions and organic volume increases of $7.6 million, which were partially offset by foreign currency, pricing and mix impacts of $1.7 million.On a GAAP basis, income from operations for the second quarter of 2019 was $8.1 million, compared to operating losses of $0.3 million for the same period in 2018. The second quarter of 2018 included acquisition related costs of $3.4 million, restructuring and integration costs of $1.6 million and inventory step-up costs of $3.4 million related to the Paragon acquisition. The reduction in these costs, along with margin improvement associated
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NNBR
Earnings
- 10/30/24 - Miss
NNBR
Sec Filings
- 11/14/24 - Form SC
- 11/8/24 - Form SC
- 11/4/24 - Form 8-K
- NNBR's page on the SEC website