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NN, Inc. - $NNBR STOCK NEWS

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

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.

News
NN, Inc. Announces $10M New Business Win in Automotive Electrical Wiring
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%
Tags
none
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News
NN, Inc. Executive Management to Participate in the Sidoti Virtual Micro-Cap Investor Conference
Rhea-AI Summary
NN, Inc. (NASDAQ: NNBR) to Present at Sidoti Micro-Cap Virtual Conference on November 15, 2023. The announcement states that the President and CEO, Harold Bevis, and CFO, Michael Felcher, will present virtually at the conference. The webcast link and presentation materials will be available on the company's website. Additionally, executive management will hold meetings with institutional investors attending the conference.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.68%
Tags
conferences
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News
NN, Inc. Reports Financial Results for Third Quarter 2023
Rhea-AI Summary
NN, Inc. reports Q3 2023 financial results with net sales of $124.4 million, down 2.2% YoY. Operating loss of $2.7 million and adjusted EBITDA of $14.5 million. Free cash flow of $11.3 million, up significantly from the previous period. The company has reduced its leverage ratio to 3.37x and has implemented value improvement initiatives to enhance growth programs, sales teams, and reenter the medical market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.5%
Tags
earnings
News
NN, Inc. to Hold Third Quarter 2023 Earnings Conference Call on Tuesday, November 7, 2023
Rhea-AI Summary
NN, Inc. to release third quarter 2023 financial results on November 6, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.14%
Tags
earnings
-
News
NN Creates Division Focused on Medical Device Market
Rhea-AI Summary
NN, Inc. announces the creation of its new medical device division, NN Medical, to expand its current medical business globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.94%
Tags
none
-
News
NN, Inc. Announces David Harrison as Chief Procurement Officer
Rhea-AI Summary
NN, Inc. appoints David Harrison as Chief Procurement Officer to lead global cost management transformation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.45%
Tags
none
News
NN, Inc. Announces Tim French as Senior Vice President and Chief Operating Officer
Rhea-AI Summary
NN, Inc. (NASDAQ: NNBR) appoints Tim French as Senior Vice President and Chief Operating Officer, bringing 35 years of experience in manufacturing, operations, and business transformation. He will lead a team of 3,000 employees in six countries and report to NN's new President and CEO, Harold Bevis. Mr. French's appointment aims to drive significant business transformation and operational excellence, leveraging his extensive expertise and experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.41%
Tags
none
-
News
UPDATE - NN, Inc. Reports Financial Results for Second Quarter 2023
Rhea-AI Summary
NN, Inc. reports Q2 2023 financial results with net sales of $125.2 million, operating loss of $4.0 million, and adjusted EBITDA of $10.5 million. The company is undergoing a business transformation with key initiatives including new leadership, integration of sales and operations teams, addressing underperforming facilities, and prioritizing free cash flow generation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.72%
Tags
earnings
-
News
NN, Inc. Reports Financial Results for Second Quarter 2023
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.72%
Tags
earnings
News
NN Names New Leaders in Mobile Solutions, Power Solutions and Asia Pacific
Rhea-AI Summary
NN, Inc. (NASDAQ: NNBR) announces the promotion of three senior leaders to new roles as part of a broader strategy to unify sales and operations across the business. Douglas Campos, Gunars Vinkels, and Jeff Fenwick have been elevated to Vice President and General Manager roles for NN's Mobile Solutions Group, Power Solutions Group, and Asia Pacific, respectively. These appointments aim to drive growth, deliver precision engineered products, and better enable company growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.22%
Tags
none
Stock NNBR logo
NN, Inc.

Nasdaq:NNBR

NNBR Rankings

#3904 Ranked by Market Cap
#3819 Ranked by Stock Gains
N/A Ranked by Dividends

NNBR Stock Data

175.52M
34.03M
9.72%
54.03%
3.07%
Ball and Roller Bearing Manufacturing
Manufacturing
Link
United States of America
CHARLOTTE

About NNBR

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