NN Inc Posts $131.1M in Q3 Sales, Topping Last Quarter's $128.7M
NNBR has more than doubled off its 52-week low of $1.1.
Summary
NN Inc reported third-quarter sales of $131.1M, up from $128.7M in Q2, with sales up 26% year over year. The quarter carried a loss of $4.59M, or 13 cents a share, so the profit picture is now known. The company raised its 2026 sales outlook to $480M-$500M, and 2026 new business wins are expected to range between $110M to $130M. The $53M PIPE closed October 5th at $3.30 a share and eliminated the remaining Series D Preferred, cleaning up the capital structure ahead of this print.
At the time of this announcement, NNBR was trading at $3.55 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $356.2M. The 52-week trading range was $1.10 to $4.79. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.