Nn Inc Stock Price, News & Analysis

NN Inc (NASDAQ: NNBR) reported Q1 2025 results with net sales of $105.7 million, down 12.8% year-over-year. The company posted a GAAP loss per share of $(0.23) and adjusted loss per share of $(0.03), improving from $(0.34) and $(0.08) respectively in Q1 2024. Pro forma adjusted EBITDA was $10.6 million with a margin of 10%. Notable achievements include $16.4 million in new business wins and a robust pipeline of over $740 million. The company reaffirmed its 2025 outlook, projecting net sales of $430-460 million, adjusted EBITDA of $53-63 million, and initiating free cash flow guidance of $14-16 million. NN's transformation plans remain on track with expected cost savings of $15 million in 2025, strong China domestic sales growth of 12.5%, and a recently completed Term Loan refinancing.

NN (NASDAQ: NNBR), a global diversified industrial company, has announced plans to host a virtual Investor Day in August 2025. The event will showcase the company's progress and strategic initiatives to analysts, investors, and lenders.

Key presentation topics will include:

• Five-year targets for sales growth and profitability
• 2025 outlook and capital allocation strategy
• M&A objectives and capital structure optimization
• Market participation in US electrical grid, industrial, global vehicle, and medical sectors

Management will detail the company's $700+ million new business program, cost reduction initiatives, and free cash flow generation projects. The event demonstrates NN's commitment to transparency and engagement with the investment community while performing according to both short-term and long-term goals.

NN Inc (NASDAQ: NNBR), a global diversified industrial company specializing in high-precision components and assemblies, has scheduled its first quarter 2025 earnings release for May 7th, 2025, after market close. The company will host a conference call to discuss the results on May 8th, 2025, at 9:00 a.m. E.T.

Participants can join the call by dialing 1-877-255-4315 (U.S.) or 1-412-317-6579 (international). The call will be simultaneously webcast through NN's Investor Relations website. A replay will be available on the company's website through May 8th, 2026.

NN (NASDAQ: NNBR) reported strong Q1 2025 performance with $16.4 million in new business wins, contributing to over $150 million in total new business awards since Q1 2023. The company is leveraging its $340 million asset base and expanding its pipeline in non-automotive, medical, industrial, and automotive products.

Key highlights include:

• $98 million of new business awards will generate revenue in 2025 and beyond
• Pipeline exceeds $340 million in electrical, medical, and industrial sectors
• Company raised its five-year Adjusted EBITDA margin target to 13-14% (up from 12-13%)
• Reaffirmed 2025 Adjusted EBITDA guidance

While experiencing slight underperformance in certain base business areas, NN is implementing cost adjustments and focusing on margin expansion through operational improvements.

NN Inc (NASDAQ: NNBR) has successfully completed a refinancing program with Marathon Asset Management, securing a $128 million term loan facility with a 5-year maturity. The deal includes improved leverage and liquidity covenants to support NN's transformation plan.

This refinancing follows NN's ABL refinancing in January, marking a significant milestone for the company. NN, a global diversified industrial company specializing in high-precision components and assemblies, will utilize this capital solution to advance its growth and improvement initiatives.

Marathon Asset Management, which manages over $23 billion in assets, structured this bespoke financing solution for NN, recognizing the company's position as a domestic leader in high precision component manufacturing for automotive, power, medical, and industrial markets.

NN (NASDAQ: NNBR) has successfully completed a two-step debt refinancing initiative. The first step, previously announced in January 2025, involves a $65 million ABL facility with PNC Bank featuring a five-year maturity to 2030, improved collateral, and a $15 million capex line at slightly lower rates. The second step introduces a new partnership with Marathon Asset Management, providing a $118 million term loan facility extending to 2030 with improved leverage covenants and a $10 million add-on feature.

The company's transformation goals include:

• Organic growth leveraging $340 million installed asset base
• Systematic cost reduction through unified operations
• Strategic M&A opportunities for expansion

NN, Inc. (NASDAQ: NNBR), a global diversified industrial company specializing in high-precision components and assemblies, has announced its participation in the upcoming Sidoti Small Cap Conference. The company's executive leadership, including President and CEO Harold Bevis and Senior VP/CFO Chris Bohnert, will deliver a virtual presentation on Thursday, March 20, 2025, at 3:15 p.m. ET.

Investors can access the webcast presentation by registering online, with all registrants receiving an event link. The presentation materials will also be available through the investor section of NN's website at www.nninc.com. Additionally, the management team will conduct one-on-one and group meetings with registered investors and analysts during the conference.

NN Inc (NASDAQ: NNBR) reported its Q4 and full-year 2024 financial results, showing mixed performance in its transformation year. Q4 net sales decreased 5.3% to $106.5 million, while full-year sales declined 5.1% to $464.3 million. However, pro forma sales adjusted for the Lubbock sale showed a 2% Q4 increase.

The company achieved record new business wins of $73 million in 2024, surpassing 2023's $63 million. Q4 Adjusted EBITDA improved to $12.1 million (11.3% of sales) from $10.0 million in Q4 2023. The company reported Q4 adjusted loss per share of $(0.02) and full-year adjusted loss of $(0.17).

For 2025 outlook, NN projects revenues between $450-480 million and Adjusted EBITDA of $53-63 million, targeting 15% growth. The company expects to maintain new business wins between $60-70 million, focusing on stamped products, electrical products, and medical products.

NN Inc (NASDAQ: NNBR), a global diversified industrial company specializing in high-precision components and assemblies, has scheduled its fourth quarter and full-year 2024 earnings release for Wednesday, March 5th, 2025, after market close.

The company will host a conference call to discuss the results on Thursday, March 6th, 2025, at 9:00 a.m. E.T. Participants can join by dialing 1-877-255-4315 (U.S.) or 1-412-317-6579 (international). The call will be simultaneously webcast through NN's Investor Relations website. A replay will be available on the company's website until March 6th, 2026.