Solid First Quarter Results; Reaffirming 2022 Outlook CHARLOTTE, N.C., May 05, 2022 (GLOBE NEWSWIRE) — NN, Inc. (NASDAQ: NNBR), a diversified industrial company, today reported its financial results for the first quarter ended March 31, 2022. Warren Veltman, President and Chief Executive Officer, said, “I am pleased with our first quarter performance on sales and adjusted EBITDA, and our execution […]
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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 […]
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Provides Outlook for Full Year 2022 CHARLOTTE, N.C., March 10, 2022 (GLOBE NEWSWIRE) — NN, Inc. (NASDAQ: NNBR), a diversified industrial company, today reported its financial results for the fourth quarter and full year ended December 31, 2021. Warren Veltman, President and Chief Executive Officer, said, “Our team made meaningful progress towards achieving our long-term goals during fiscal year 2021. […]
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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. “We are pleased to complete this amendment with Oaktree, which allows […]
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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 […]
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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 […]
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Improved Capital Structure Following Sale of Life Sciences Division Positions Company for Long-Term SuccessEnhanced Financial Flexibility as a Result of $700M Debt Reduction CHARLOTTE, N.C., Nov. 5, 2020 /PRNewswire/ — NN, Inc., (NASDAQ: NNBR), a diversified industrial company, today reported its financial results for the third quarter ended September 30, 2020. GAAP Results Net sales from the Mobile Solutions and […]
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Third quarter net sales increased 3.1% over prior year, financial results impacted by ongoing supply chain challenges CHARLOTTE, N.C., Nov. 4, 2021 /PRNewswire/ — NN, Inc. (NASDAQ: NNBR), a diversified industrial company, today reported its financial results for the third quarter ended September 30, 2021. GAAP Results Net sales for the third quarter of 2021 increased $3.5 million, or 3.1%, to $117.2 […]
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CHARLOTTE, N.C., Oct. 29, 2020 /PRNewswire/ — NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced that it will release third quarter 2020 financial results for the period ended September 30, 2020 after the close of the market on Thursday, November 5, 2020. Management will hold a conference call at 9 a.m. ET on Friday, November 6, 2020 to review the Company’s results. The […]
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CHARLOTTE, N.C., Oct. 21, 2021 /PRNewswire/ — NN, Inc. (NASDAQ: NNBR), a diversified industrial company, today announced that it will release its third quarter 2021 financial results for the period ended September 30, 2021, after the close of the market on Thursday, November 4, 2021. The company will hold a related conference call on Friday, November 5, at 9:00 a.m. EDT. Participants on […]
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