Earnings summaries and quarterly performance for NN.
Executive leadership at NN.
Harold C. Bevis
Detailed
President and Chief Executive Officer
CEO
Christopher H. Bohnert
Detailed
Senior Vice President and Chief Financial Officer
D. Gail Nixon
Detailed
Senior Vice President and Chief Human Resources Officer
Jami A. Statham
Detailed
Senior Vice President, General Counsel and Corporate Secretary
Timothy M. French
Detailed
Chief Operating Officer
Board of directors at NN.
Research analysts who have asked questions during NN earnings calls.
John Franzreb
Sidoti & Company
3 questions for NNBR
Also covers: AZZ, CSV, CTS +10 more
Hans Baldau
NOBLE Capital Markets
2 questions for NNBR
Joseph Gomes
G.research, LLC
2 questions for NNBR
Also covers: ACCO, BTBT, CMTL +17 more
Mike Crawford
B. Riley Securities
2 questions for NNBR
Also covers: ASTS, ATEX, CMTL +8 more
Barry Haimes
Sage Asset Management
1 question for NNBR
Also covers: FOR, PSQH, SLNG
Rob Brown
Lake Street Capital Markets
1 question for NNBR
Also covers: AGX, APLD, BLDP +13 more
Thomas Kerr
Zacks Investment Research
1 question for NNBR
Also covers: CTSO, ELTK, GBLI +5 more
Recent press releases and 8-K filings for NNBR.
NNBR Details Turnaround Progress and Future Strategy at Automotive Symposium
NNBR
Guidance Update
M&A
Debt Issuance
- NNBR has completed the first phase of its turnaround, achieving 45% EBITDA growth in two years and becoming free cash flow positive, with $11.1 million in cash from operations and $9 million in net free cash flow in the most recent quarter.
- The company is entering phase two, focusing on ramping up new business, with a quoted pipeline of $850 million and an expectation of adding around $30 million in revenue next year from new programs.
- NNBR is actively pursuing financial refinancing and M&A, with $100 million of preferred stock, $100 million common stock, and $135 million of net debt on its balance sheet.
- As part of its financial strategy, the company is considering the sale of its 49% JV share in China, which generated approximately $9 million in other income last year.
Nov 4, 2025, 12:30 AM
NNBR CEO Details Turnaround Progress and Future Growth Strategy
NNBR
M&A
Debt Issuance
Revenue Acceleration/Inflection
- NNBR has completed Phase 1 of its turnaround, achieving free cash flow positive status, and is now entering Phase 2, which focuses on ramping up business and refinancing its balance sheet.
- The company reported an adjusted EBITDA rate of 11% and gross margins of 18.4% year-to-date, with EBITDA increasing by 45% over two years.
- NNBR has secured $100 million of annualized sales from 150 new programs and has an $850 million quoted pipeline, signaling a pivot towards revenue growth for the next year.
- The company is actively engaged in discussions for recapitalizing its balance sheet, which includes $100 million of preferred stock, $100 million common stock, and $135 million of net debt, and is exploring M&A opportunities.
- NNBR's China automotive business is its most profitable, with BYD as the largest customer, and the company is considering the sale of its 49% JV share in China.
Nov 4, 2025, 12:30 AM
NN Inc. Reports Turnaround Progress and Outlines Phase Two Growth and Refinancing Plans
NNBR
Guidance Update
M&A
Debt Issuance
- NN Inc. has completed the first phase of its turnaround, becoming free cash flow positive and increasing EBITDA by 45% in two years. Year-to-date gross margins are 18.4% and adjusted EBITDA rates are 11%.
- The company is entering phase two, focusing on ramping up new business and redoing its balance sheet. It has won $65 million in new business annually and has a quoted pipeline of $850 million.
- NN Inc. anticipates adding around $30 million in revenue next year from new programs and is actively pursuing M&A for disruptive growth.
- The company faces upcoming financial engineering, with $100 million of preferred stock and $135 million of net debt requiring recapitalization. It is considering options, including the potential sale of its 49% China JV share, which generated $9 million in other income.
Nov 4, 2025, 12:30 AM
NNBR Reports Q3 2025 Financials and Outlines Strategic Growth Plan
NNBR
Guidance Update
Revenue Acceleration/Inflection
M&A
- NNBR has largely completed Phase 1 of its transformation, having secured $182M in new business awards by Q3 2025 and growing trailing twelve-month (TTM) adjusted EBITDA by 45%.
- For Q3 2025, NNBR reported Net Sales of $103.9M, Adjusted EBITDA of $12.4M with an 11.9% margin, and generated $9.1M in Free Cash Flow.
- The company's top-line results are poised to pivot in 2026 with new program launches, targeting $600+M in organic sales and $1+ Billion with M&A.
- NNBR is actively pursuing a strategic M&A program and has initiated discussions for preferred equity refinancing to support its growth strategy.
Nov 4, 2025, 12:30 AM
NN, Inc. Reports Q3 2025 Financials Amidst Strategic Transformation
NNBR
Earnings
Guidance Update
M&A
- NN, Inc. reported Net Sales of $103.9 million and Adjusted EBITDA of $12.4 million (11.9% margin) for Q3 2025, reflecting a 6.9% increase in Adjusted EBITDA despite an 8.5% year-over-year decrease in Net Sales.
- The company generated $9.1 million in Free Cash Flow and secured $11.3 million in new business wins during Q3 2025.
- NN, Inc. is undergoing a strategic transformation, accumulating $182 million in new business awards year-to-date in 2025, and expects its net sales profile to pivot positively with $50 million in new Start of Production (SOP) for 2026 and $65 million for 2027.
- The company is actively pursuing a Strategic M&A Program and has initiated discussions to refinance preferred equity to support future acquisitions and growth.
Nov 3, 2025, 4:24 PM
NNBR Reports Q3 2025 Financial Results and Strategic Progress
NNBR
Earnings
Guidance Update
M&A
- NNBR reported Q3 2025 net sales of $103.9 million and adjusted operating income of $4 million, a significant increase from $1.3 million in the prior year. Adjusted EBITDA for the quarter was $12.4 million, marking a 6.9% increase compared to the prior year, with margins expanding to 11.9% of net sales.
- The company has secured over $180 million in new business and grown its sales pipeline to over $850 million. Strategic M&A is underway, with multiple acquisition targets being evaluated to scale and accelerate growth, often in conjunction with refinancing efforts.
- NNBR is formally engaged in discussions to refinance its preferred equity, with a commitment from management to eliminate the preferred stock.
- Working capital management showed significant improvement, ending Q3 2025 under $80 million, which is an almost 21% improvement from Q2 2023.
- The company has updated its guidance, lowering the outlook for automotive while increasing it for defense, which is expected to result in a positive margin mix shift. While overall markets remain soft, NNBR anticipates a gradual improvement in auto production and electrical markets, with commercial vehicles expected to rebound in the second half of next year.
Oct 30, 2025, 1:00 PM
NNBR Reports Q3 2025 Financial Results and Strategic Updates
NNBR
Earnings
Guidance Update
M&A
- NNBR reported Net Sales of $103.9 million and Adjusted EBITDA of $12.4 million for Q3 2025, representing an 11.9% margin.
- Adjusted Operating Income significantly increased by 207.7% to $4.0 million in Q3 2025 compared to Q3 2024.
- The company generated $9.1 million in Free Cash Flow during Q3 2025.
- NNBR is pursuing a strategic M&A program and has initiated discussions for preferred equity refinancing to support future growth.
- For full-year 2025, NNBR maintains guidance for Adjusted EBITDA of $53 - $63 million (expecting the lower half), Net Sales of $420 - $440 million, and Free Cash Flow of $14 - $16 million.
Oct 30, 2025, 1:00 PM
NN, Inc. Reports Q3 2025 Results with Improved Profitability and Adjusted Full-Year Sales Guidance
NNBR
Earnings
Guidance Update
M&A
- NN, Inc. reported net sales of $103.9 million for Q3 2025, an 8.5% decrease compared to Q3 2024, primarily due to rationalization in Mobile Solutions, though Power Solutions sales grew by 4.7%.
- The company demonstrated improved profitability, with adjusted operating income rising to $4.0 million from $1.3 million in Q3 2024, and adjusted EBITDA increasing to $12.4 million (11.9% margin) from $11.6 million (10.2% margin).
- Free cash flow significantly improved to $9.1 million in Q3 2025, up from $0.3 million in the prior year period, driven by working capital management.
- For the full year 2025, NN, Inc. adjusted its net sales guidance to $420 to $440 million but reiterated its adjusted EBITDA guidance of $53 to $63 million (guiding to the low-end) and free cash flow guidance of $14 to $16 million.
- The company is actively pursuing a strategic M&A program and a preferred equity refinancing initiative to support future growth and enhance shareholder value.
Oct 29, 2025, 8:47 PM
NN, Inc. Reports Third Quarter 2025 Results
NNBR
Earnings
Guidance Update
Demand Weakening
- NN, Inc. reported net sales of $103.9 million for the third quarter ended September 30, 2025, an 8.5% decrease compared to the prior year, primarily due to the rationalization of underperforming Mobile Solutions business.
- Despite the sales decline, the company saw significant improvements in profitability, with adjusted operating income increasing to $4.0 million from $1.3 million, adjusted EBITDA improving to $12.4 million (11.9% margin), and free cash flow reaching $9.1 million.
- New business wins totaled $11.3 million in Q3 2025, contributing to $44.4 million year-to-date, with approximately $48 million in expected run-rate value from new program launches.
- The company adjusted its full-year 2025 net sales guidance to $420 to $440 million while reiterating adjusted EBITDA guidance of $53 to $63 million and free cash flow guidance of $14 to $16 million.
Oct 29, 2025, 8:45 PM
NNBR Enters Second Phase of Transformation with Strong Margin Improvement and New Business Growth
NNBR
Guidance Update
New Projects/Investments
Revenue Acceleration/Inflection
- NNBR is entering Phase 2 of its transformation, focusing on improving margins and profits after structurally rebuilding operating performance and efficiency in Phase 1. The company reported an adjusted gross margin of 18.2% YTD 2025 and an adjusted EBITDA margin of 11.1% YTD 2025, with long-term goals of 20% and 14% respectively.
- The new business program has generated $182 million in awards YTD 2025 and plans to launch approximately 120 programs in 2025, supported by a $750 million new business pipeline. Prior wins are expected to contribute to net sales in 2025/26.
- Strategic initiatives include a $15 million cost-out plan for 2025 , successful refinancing of ABL and Term Loan, and ongoing efforts to address preferred equity overhang and de-leveraging.
- NNBR operates globally with approximately 2,600 employees across 24 facilities and diversifies its revenue across key end markets, with 40% from Auto Passenger Vehicle and 20% from Electric Grid and Electric Distribution.
Oct 8, 2025, 6:00 PM
Quarterly earnings call transcripts for NN.
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