NN Inc Reports 12.1% Q1 Revenue Growth to $118.45M, EPS Loss Widens to ($0.25)
summarizeSummary
NN Inc. reported first-quarter 2026 results, with net sales increasing 12.1% year-over-year to $118.45 million, driven by new business launches and higher volumes, particularly in its Power Solutions segment. However, the company's net loss widened slightly to $6.83 million, resulting in a diluted loss per share of ($0.25), compared to ($0.23) in the prior-year quarter. This earnings release provides the concrete quarterly performance data following the company's recent announcement of increased full-year 2026 guidance. Traders will be evaluating these results to understand the underlying drivers of the revenue growth and the implications of the slightly wider loss on the company's path to profitability and its ability to meet the updated guidance.
At the time of this announcement, NNBR was trading at $3.39 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $126.5M. The 52-week trading range was $1.10 to $2.88. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Wiseek News.