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Stock impact report

NN, Inc. Reports Fourth Quarter and Full Year 2023 Results; 2024 Guidance [Yahoo! Finance]

NN, Inc. (NNBR) 
Last nn, inc. earnings: 3/12 07:25 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.nninc.com
Company Research Source: Yahoo! Finance
Company provides sales, adjusted EBITDA, and free cash flow outlook for 2024 CHARLOTTE, N.C., March 11, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today reported its financial results for the fourth quarter ended December 31, 2023. Financial and Strategic Highlights Displayed strong execution against the Company's multi-year transformation plan, driving positive inflection in financial and operating results in the second half of the year; Delivered company record for new business awards of $62.6 million in 2023; Launched multiple long-term strategic initiatives to drive increased sales, increased profits, enhanced cash flows, and increased shareholder value; Generated positive free cash flow in 2023 with enhanced organization-wide focus driving step change in cash flow performance in the second half of the year; Fourth quarter net sales of $112.5 mill Show less Read more
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