NN, Inc. Withdraws Full-Year 2020 Financial Guidance Due to COVID-19 Impact
NN, Inc. (NNBR)
Last nn, inc. earnings: 3/12 07:25 pm
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US:NASDAQ Investor Relations:
investors.nninc.com
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Source: PR Newswire
CHARLOTTE, N.C., April 6, 2020 /PRNewswire/ -- NN, Inc. (NASDAQ: NNBR), a diversified industrial company, today announced that due to heightened macroeconomic uncertainty as a result of the COVID-19 outbreak, the Company is withdrawing full-year 2020 financial guidance, previously issued on March 12, 2020, as the relative stability in the North American and European markets on that date has now deteriorated and continues to rapidly change. NN is maintaining its previously announced Q1 guidance with current forecasts indicating results to be at the low end of the range."The effects of COVID-19 on the global economy are evolving at a rapid pace and we are currently unable to predict the duration of the situation nor the full impact on our business," said Warren Veltman, President and Chief Executive Officer. "Given this uncertainty, we are withdrawing our full-year guidance for 2020. Our focus remains on securing the health of our employees, mitigating any supply chain disruption, and s
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- 11/8/24 - Form SC
- 11/4/24 - Form 8-K
- NNBR's page on the SEC website