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NN: Q1 Earnings Snapshot

NN: Q1 Earnings Snapshot

By AP News
Published - May 04, 2023, 06:33 PM ET
Last Updated - Jun 21, 2023, 10:35 PM EDT

CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — NN Inc. (NNBR) on Thursday reported a loss of $10.2 million in its first quarter.

The Charlotte, North Carolina-based company said it had a loss of 29 cents per share. Losses, adjusted for non-recurring costs, came to 12 cents per share.

The industrial parts maker posted revenue of $127.1 million in the period.

NN expects full-year revenue in the range of $515 million to $545 million.

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