NN NASDAQ: NNBR reported second-quarter sales growth of 19% and adjusted EBITDA growth of 36%, while raising its full-year outlook and completing a refinancing transaction that retired a substantial portion of its preferred stock.
NN, Inc. (NNBR) Q2 2026 Earnings Call Transcript
NN Inc. (NNBR) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.02 per share a year ago.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Legion Partners Asset Management Legion Partners Asset Management LLC | 4.77M | $38.37M | $18.62M | -$19.76M | -51.49% |
Point72 Asset Management LP Point72 Asset Management LP | 57,560 | $144,937.44 | $224,484 | $79,546.56 | 54.88% |
| KMT Kirk M. Tokheim Ameritas Advisory Services LLC | 15,000 | $43,200 | $58,500 | $15,300 | 35.42% |
Ana-Maria Ignat Covestor Ltd | 4,366 | $12,584.34 | $16,459.82 | $3,875.48 | 30.8% |
Taro Kuriyama Axq Capita LLP | 17,176 | $49,466.88 | $56,852.56 | $7,385.68 | 14.93% |
| Industrial Conglomerates Industry | Industrials Sector | Harold C. Bevis CEO | NASDAQ (NGS) Exchange | 629337106 CUSIP |
| US Country | 2,300 Employees | 6 Sep 2019 Last Dividend | 6 Dec 1995 Last Split | 15 May 1994 IPO Date |
NN, Inc., a prominent player in the field of high-precision component and assembly manufacturing, services a broad spectrum of end markets across both domestic and international territories. Founded in 1980 and based out of Charlotte, North Carolina, NN, Inc. operates through its two fundamental segments: Mobile Solutions and Power Solutions. These segments collectively cater to a diverse range of industries, including automotive, general industrial, aerospace and defense, medical, and more, showcasing the company's versatility and commitment to quality in manufacturing.
This segment focuses on producing system-critical components vital for a variety of uses in the automotive, general industrial, and medical fields. Key applications include power steering, braking systems, transmissions, gasoline fuel systems, diesel injection, diesel emissions treatment, and heating, ventilation, and air conditioning (HVAC).
Specializing in high-precision metal and plastic components, assemblies, and finished devices, the Power Solutions segment serves the needs of the electrical, general industrial, automotive, aerospace and defense, and medical markets. Its product line encompasses electrical contacts, connectors, contact assemblies, and precision stampings. Furthermore, it offers tools and instruments crucial for orthopedics and medical/surgical applications, emphasizing the segment's role in advancing transportation electrification and power control.