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NN Inc - NNBR STOCK NEWS

Welcome to our dedicated news page for NN (Ticker: NNBR), a resource for investors and traders seeking the latest updates and insights on NN.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect NN's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of NN's position in the market.

Rhea-AI Summary
NN, Inc. (NASDAQ: NNBR) will release its first quarter 2024 financial results on May 6, 2024, and hold an earnings conference call on May 7, 2024, at 9 a.m. E.T. Shareholders and media can participate via webcast or phone.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.49%
Tags
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Rhea-AI Summary
NN, Inc. appoints Jeff Tritapoe as Vice President of Global Operations, bringing over 30 years of experience in manufacturing, operations, and business transformation. Tritapoe's expertise will drive operational excellence and business transformation at NN, Inc.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.75%
Tags
none
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Rhea-AI Summary
NN, Inc. (NNBR) continues its strong performance with $17.2 million in new business awards in Q1 2024, aligning with its 2024 target of $55-$70 million. Over 70% of awards start in 2024, showcasing growth potential in precision metal solutions and strategic regions. CEO Harold Bevis emphasizes profitable sales growth and operational improvements, with a robust pipeline of $610 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.4%
Tags
Rhea-AI Summary
NN, Inc. (NNBR) reports strong financial results for Q4 2023, with record new business wins and improved free cash flow. Despite a decrease in net sales, the company shows positive trends in adjusted EBITDA and free cash flow. The company's transformation plan is driving profitability and operational improvements, positioning NN for long-term success.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-17.95%
Tags
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Rhea-AI Summary
NN, Inc. (NASDAQ: NNBR) announced its participation in the Sidoti Small-Cap Virtual Conference with key executives presenting virtually. The event is scheduled for March 14, 2024, providing an opportunity for investors to engage with the company's leadership.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.32%
Tags
conferences
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Rhea-AI Summary
NN, Inc. (NNBR) announced the sale and leaseback of three facilities for $16.8 million to reduce term loan balance, cut cash interest, and strengthen the balance sheet. The move is part of a transformation plan to lower costs, enhance free cash flow, and prepare for future refinancing.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.32%
Tags
none
Rhea-AI Summary
NN, Inc. (NASDAQ: NNBR) will release its Q4 and full-year 2023 financial results on March 11, 2024. A conference call is scheduled for March 12, 2024, at 9 a.m. E.T. Registration details are provided for participants. The webcast will be available on the NN, Inc. Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.88%
Tags
-
Rhea-AI Summary
NN, Inc. (NASDAQ: NNBR) announced that its President and CEO, Harold Bevis, and CFO, Michael Felcher, will present virtually at the Sidoti Micro-Cap Virtual Conference on January 18, 2024. The company will also host meetings with institutional investors. The webcast and presentation materials can be accessed through the investor section of the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.07%
Tags
conferences
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Rhea-AI Summary
NN, Inc. (NASDAQ: NNBR) reports a record-breaking 2023, with $62.6 million in new business wins, driven by its strategic transformation plan. The company's focus on precision components and assemblies has resulted in wins in electric vehicle, vehicle connector components, and diesel parts markets. NN's $500 million opportunity pipeline for 2024 demonstrates its continued growth and focus on specific product applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.46%
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none
Rhea-AI Summary
NN, Inc. (NASDAQ: NNBR) announces over $43M in annual new business wins in strategic markets year to date, with a forward pipeline potential of more than $500M. The company secured a foundational new business win worth over $10 million with a leading connector and wire harness manufacturer for commercial and passenger vehicles, highlighting NN's strength and expertise in the automotive electrical market. The company's aggressive growth strategy in connectors and electrical systems for vehicles is expected to result in significant revenue and profit growth in the coming years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.69%
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none
NN Inc

Nasdaq:NNBR

NNBR Rankings

NNBR Stock Data

192.71M
34.03M
9.72%
54.03%
3.07%
Ball and Roller Bearing Manufacturing
Manufacturing
Link
US
Johnson City

About NNBR

nn netherlands b.v. is a machinery company based out of de smalle zijde 1-b, veenendaal, netherlands.