NN, Inc. executives to discuss outlook at D.A. Davidson conference

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Reviewed by
Ashish TScanX News Team
Key Highlights
  • NN, Inc. executives to attend D.A. Davidson conference on Sept 24, 2026
  • COO Tim French and CFO Chris Bohnert to host one-on-one meetings
  • Discussions will cover updated business outlook and field investor questions
  • Company serves over 700 customers across four continents
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NN, Inc. (NASDAQ: NNBR) announced that its executive management team will participate in the 25th Annual D.A. Davidson Diversified Industrials & Services Investor Conference. The event is scheduled for Thursday, September 24, 2026, at the Four Seasons Hotel in Nashville, Tennessee.

Chief Operating Officer Tim French and Chief Financial Officer Chris Bohnert are set to host one-on-one investor meetings during the day. They will discuss an updated business outlook and field questions from investors.

Event Details

The one-on-one meetings are scheduled from 8:00 am to 5:00 pm Central Time. Investor materials for these meetings will be available on the company’s investor relations website under the Events and Presentations section.

About NN, Inc.

NN, Inc. is a global leader in precision manufacturing specializing in micron-toleranced precision metal componentry. The company serves high-growth end markets including Data Center, Electric Grid, Medical, Defense, and High-Value Vehicle systems.

Founded in 1980, NN operates through 27 global plants with a workforce of 2,550 people. It serves over 700 customers across four continents.

Forward-Looking Statements

This press release contains forward-looking statements regarding business, operations, and financial performance. These statements are based on current expectations and assumptions subject to risks and uncertainties. Actual results could differ materially.

Investors are cautioned not to place undue reliance on such statements. Please refer to the most recently filed Form 10-K and Form 10-Q for risk factors.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How might the updated business outlook presented by NN's leadership influence its valuation multiples relative to other diversified industrials peers?

What specific growth drivers within the Data Center and Electric Grid sectors is NN, Inc. likely to highlight as primary contributors to future revenue expansion?

Could the one-on-one investor meetings signal potential strategic shifts in capital allocation or M&A activity for NN in the coming fiscal year?

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NN Inc Q2 adjusted EPS of $0.11 beats estimates as sales rise 19%

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Reviewed by
Anirudha BScanX News Team
Key Highlights

NN Inc delivered strong Q2 results with adjusted EPS of $0.11 beating estimates and net sales of $128.7 million up 19.3% YoY. Power Solutions drove growth, leading to raised full-year guidance for sales and adjusted EBITDA.

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NN Inc reported second-quarter adjusted earnings per share of $0.11, beating the analyst consensus estimate of $(0.00), while net sales reached $128.741 million, surpassing the $116.094 million estimate by 10.89%. The Charlotte-based diversified industrial manufacturer saw its top line grow 19.3% year-over-year from $107.921 million in the prior year period. This performance reflects strong execution across its Power Solutions segment and favorable foreign exchange effects, driving a significant improvement in profitability metrics.

The company’s financial results demonstrate robust operational momentum, with adjusted net income climbing to $5.5 million from $0.7 million in the same quarter last year. This represents a 636.5% increase in adjusted net income. On a GAAP basis, NN narrowed its net loss to $2.3 million from $8.1 million previously, aided by the absence of a $3.0 million loss on debt extinguishment recorded in the prior year. The earnings beat highlights the effectiveness of management’s five-pillar growth program, particularly in high-margin end markets such as data centers, medical devices, and defense.

Segment Performance

Power Solutions emerged as the primary growth engine, with net sales rising 39.5% to $62.3 million from $44.6 million in the prior year quarter. Income from operations for this segment increased 56.5% to $9.0 million, driven by higher precious metal pass-through pricing and volume growth. Conversely, Mobile Solutions saw modest top-line growth of 5.0% to $66.6 million but reported a widening loss from operations of $1.9 million, compared to $1.1 million previously, due to higher costs associated with product mix changes.

Segment Q2 2026 Net Sales Q2 2025 Net Sales YoY Change Q2 2026 Op Income (Loss)
Power Solutions $62.3 million $44.6 million 39.5% $9.0 million
Mobile Solutions $66.6 million $63.4 million 5.0% $(1.9) million

Financial Highlights

On a consolidated basis, gross margin improved to $21.9 million, up 20.1% from $18.2 million in the prior year. Adjusted gross margin reached $26.1 million, representing a 20.3% margin percentage, an expansion of 80 basis points. Adjusted EBITDA climbed 36.1% to $17.9 million, with the margin expanding by 170 basis points to 13.9%. These improvements were partially offset by increased selling, general, and administrative expenses and higher depreciation and amortization costs.

Metric Q2 2026 Q2 2025 Change
Net Sales $128.7 million $107.9 million 19.3%
Gross Margin $21.9 million $18.2 million 20.1%
Adjusted EBITDA $17.9 million $13.2 million 36.1%
Adjusted Net Income $5.5 million $0.7 million 636.5%

What the Numbers Show

The divergence between GAAP and adjusted metrics highlights the impact of non-cash charges and one-time items on NN’s reported profitability. While GAAP income from operations turned positive at $1.0 million from a loss of $1.5 million, the broader adjusted view reveals stronger underlying operational health, with adjusted operating income surging 73.9% to $8.5 million. Furthermore, the significant reduction in GAAP net loss was aided by the absence of a $3.0 million loss on debt extinguishment recorded in the prior year quarter, underscoring the benefit of the recent capital structure optimization.

Outlook and Guidance

NN raised its full-year 2026 guidance across key metrics, reflecting confidence in continued momentum. The company now expects net sales to range between $460 million and $470 million, representing 10% growth over 2025 at the midpoint. Adjusted EBITDA guidance was increased to a range of $55 million to $65 million, implying 22% growth. Additionally, new business awards are projected to reach $80 million to $100 million, a 29% increase at the midpoint compared to the prior year. Chris Bohnert, Senior Vice President and Chief Financial Officer, noted that immediate supply business in high-growth markets supports these elevated expectations.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How sustainable is the 39.5% growth in the Power Solutions segment given its reliance on precious metal pass-through pricing and data center demand?

What specific operational strategies is NN Inc implementing to reverse the widening operating losses in the Mobile Solutions segment?

Will the company's capital structure optimization efforts continue to reduce GAAP net losses, or are further one-time charges expected in upcoming quarters?

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