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.
NN, Inc. reports developments tied to its role as a global diversified industrial manufacturer of high-precision components and assemblies. The company engineers and manufactures parts for automotive, electric grid and data center equipment, general industrial, medical, aerospace and defense, and related end markets through Mobile Solutions and Power Solutions activities.
Recurring NNBR news includes quarterly operating results, adjusted EBITDA and sales guidance, new business awards, customer programs, and the company's shift toward higher-value applications such as electric grid equipment, data center infrastructure, liquid-cooling products, silver-plated busbars and terminals, and safety-critical auto parts. Updates also cover capital resources, equipment acquisitions, investor presentations, and end-market growth initiatives.
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.
NN, Inc. (NASDAQ: NNBR), a global diversified industrial company specializing in high-precision components and assemblies, has announced a schedule change for their upcoming presentation at the Sidoti Micro Cap conference. The company's executive management will now present virtually at 2:30 p.m. ET on Wednesday, January 22nd, 2025.
Investors can register online to access the live webcast presentation, and all registrants will receive an event link. The presentation materials and webcast link will also be available through the investor section of NN's website. Additionally, the executive team will conduct one-on-one and group meetings with registered investors and analysts during the conference.
NN, Inc. (NASDAQ: NNBR) has released its 2023 Sustainability Report, showcasing the company's achievements and initiatives in sustainable business practices throughout fiscal year 2023. The report demonstrates NN's commitment to transparency, innovation, and responsible business operations.
As a global diversified industrial company specializing in high-precision components and assemblies, NN has aligned its reporting with prominent sustainability frameworks, including the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate related Financial Disclosures (TCFD). The report also incorporates materiality topics from the UN Sustainable Development Goals (SDGs).
Stakeholders can access the complete report on the company's website at nninc.com in the sustainability section.
NN, Inc. (NASDAQ: NNBR), a global diversified industrial company specializing in high-precision components and assemblies, has announced its participation in the upcoming Sidoti Micro Cap Conference. The company's leadership team, including President and CEO Harold Bevis and Senior VP/CFO Chris Bohnert, will deliver a virtual presentation on January 23rd, 2025, at 10:45 a.m. ET.
Investors can access the live webcast presentation by registering through a provided link, and presentation materials will be available through the investor section of NN's website at www.nninc.com. The executive management team will also conduct one-on-one and group meetings with investors and analysts registered for the conference.