NN, Inc. (NNBR) News

NN, Inc. (NNBR): $1.27

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NNBR News Highlights

  • NNBR's 30 day story count now stands at 7.
  • Over the past 17 days, the trend for NNBR's stories per day has been choppy and unclear. It has oscillated between 1 and 2.
  • The most mentioned tickers in articles about NNBR are LI, NN and LOAN.

Latest NNBR News From Around the Web

Below are the latest news stories about NN INC that investors may wish to consider to help them evaluate NNBR as an investment opportunity.

NN, Inc. (NASDAQ:NNBR) Q4 2022 Earnings Call Transcript

NN, Inc. (NASDAQ:NNBR) Q4 2022 Earnings Call Transcript March 10, 2023 Operator: Good morning, everyone, and welcome to the NN, Inc. Fourth Quarter and Full Year ’22 Earnings Conference Call. . Please also note today’s event is being recorded. At this time, I’d like to turn the conference call over to Jeff Tryka, Investor Relations […]

Yahoo | March 13, 2023

Q4 2022 NN Inc Earnings Call

Q4 2022 NN Inc Earnings Call

Yahoo | March 11, 2023

NN, Inc. Reports Financial Results For Fourth Quarter and Full Year 2022

Fourth quarter net sales increased 6.9% over the prior year; Provides Outlook for 2023CHARLOTTE, N.C., March 09, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that manufactures high-precision components and assemblies, today reported its financial results for the fourth quarter and full year ended December 31, 2022. Warren Veltman, President and Chief Executive Officer, said, “Our fourth-quarter results were adversely impacted by non-material inflation

Yahoo | March 9, 2023

NN amends term loan and asset backed credit facility

  • NN (NASDAQ:NNBR) announced an amendment to its $150M term loan with funds managed by Oaktree Capital Management, L.P. (“Oaktree”). The Company also amended its asset backed credit facility with J.P. Morgan.
  • The amendment increased quarterly maximum leverage ratio covenant for the duration of the term loan, which matures in September 2026.
  • Incorporates a new $20 million domestic liquidity covenant, tested quarterly for the duration of the term loan. Reduced to $15 million if a qualifying equity raise occurs by June 30, 2023.
  • The existing cap on customer receivable financing programs h...

    Seeking Alpha | March 7, 2023

NN, Inc. Announces Amendments to Term Loan and Asset Backed Credit Facility

CHARLOTTE, N.C., March 07, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a diversified industrial company, today announced an amendment to its $150 million term loan with funds managed by Oaktree Capital Management, L.P. (“Oaktree”). The Company also amended its asset backed credit facility (ABL) with J.P. Morgan. “We are pleased to complete these amendments with Oaktree and J.P. Morgan, which allow us to focus on executing our strategic initiatives driving growth, improved profitability and

Yahoo | March 7, 2023

Cummins honors NN, Inc. with its 2022 Best Delivery Performance Award

CHARLOTTE, N.C., March 01, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company, is pleased to announce that it earned two 2022 Best Delivery Performance – Direct Sourcing awards from Cummins Inc. at the recent Cummins 2022 Global Supplier Recognition event. Out of the thousands of companies across its value chain, Cummins recognized a total of 20 domestic and global suppliers. NN received both the North America and the Global award in the delivery category.

Yahoo | March 1, 2023

NN, Inc. To Hold Fourth Quarter and Full Year 2022 Earnings Conference Call on Friday, March 10, 2023

CHARLOTTE, N.C., Feb. 24, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a diversified industrial company, announced today that it will release its fourth quarter and full year 2022 financial results for the period ended December 2022 after the close of the market on Thursday, March 9, 2023. The company will hold a related conference call on Friday, March 10, 2023 at 9:00 a.m. EDT. Participants on the call are asked to register five to ten minutes prior to the scheduled start time by dialing

Yahoo | February 24, 2023

Schaeffler honors NN, Inc. with its 2022 Supplier Best Quality Award

Schaeffler honors NN, Inc. with its 2022 Supplier Best Quality Award Schaeffler honors NN, Inc. with its 2022 Supplier Best Quality Award CHARLOTTE, N.C., Feb. 16, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company, has announced that its Wuxi, China manufacturing plant earned the 2022 Supplier Best Quality Award from the Schaeffler Group at its Supplier Day celebration. Schaeffler is a producer of rolling elements for automotive, aerospace, and industrial

Yahoo | February 16, 2023

Insiders who purchased NN, Inc. (NASDAQ:NNBR) stock last year recover some losses which currently stand at US$47k

Insiders who bought US$329k worth of NN, Inc. ( NASDAQ:NNBR ) stock in the last year recovered part of their losses as...

Yahoo | January 14, 2023

DENSO honors NN, Inc. with its 2021 Supplier Excellent Quality Award

DENSO honors NN, Inc. with its 2021 Supplier Excellent Quality Award DENSO honors NN, Inc. with its 2021 Supplier Excellent Quality Award CHARLOTTE, N.C., Dec. 15, 2022 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company, is pleased to announce that its Wuxi, China manufacturing plant received the 2021 Supplier Excellent Quality Award from the global auto parts manufacturer DENSO. The 2021 Award was postponed until this year due to COVID-19 disruptions. DENSO sel

Yahoo | December 15, 2022


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