NN, Inc. Reports Second Quarter 2024 Results
NN, Inc. (NNBR)
Last nn, inc. earnings: 3/12 07:25 pm
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Source: GlobeNewswire
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-year performance;Second quarter net sales of $123.0 million, down 1.8% versus prior year, driven primarily by unfavorable foreign exchange impacts and rationalization of unprofitable business in Mobile Solutions;Second quarter operating loss of $2.1 million, an improvement of 47.5% versus prior year;Second quarter adjusted EBITDA of $13.4 million, an improvement of 27.6% versus prior year;Secured new business awards of $34.3 million year-to-date
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News
- Is NN, Inc. (NNBR) Among the Best Conglomerate Stock to Buy Now? [Yahoo! Finance]Yahoo! Finance
- NN, Inc. to Hold Second Quarter 2024 Earnings Conference Call on Thursday, August 8, 2024GlobeNewswire
- NN, Inc. Selects Jami Statham as SVP & General Counsel [Yahoo! Finance]Yahoo! Finance
- NN, Inc. Selects Jami Statham as SVP & General CounselGlobeNewswire
- Fintech is likely to face increased scrutiny after Evolve hack [Fortune]Fortune
NNBR
Earnings
- 8/7/24 - Beat
NNBR
Sec Filings
- 8/30/24 - Form 8-K
- 8/21/24 - Form 4
- 8/19/24 - Form 4
- NNBR's page on the SEC website