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NN Inc (NNBR.OQ)

NNBR.OQ on NASDAQ Stock Exchange Global Select Market

27.45USD
24 Nov 2017
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Latest Key Developments (Source: Significant Developments)

NN Inc reports Q3 GAAP income from operations $6.3 mln vs $13 mln
Wednesday, 1 Nov 2017 08:02pm EDT 

Nov 1 (Reuters) - NN Inc :NN, inc. Reports third quarter 2017 results.Q3 sales $148.2 million versus i/b/e/s view $150.4 million.NN Inc says ‍on a gaap basis, income from operations for q3 of 2017 was $6.3 million, compared to $13.0 million for same period in 2016​.NN Inc says ‍adjusted income from operations for q3 of 2017 was $15.4 million, compared to $19.9 million for same period in 2016.​.  Full Article

NN Inc files for non-timely 10-Q - SEC filing‍​
Thursday, 10 Aug 2017 06:11am EDT 

Aug 10 (Reuters) - NN Inc ::Files for non-timely 10-q - sec filing‍​.Says it has identified a required revision in its previously issued 2014, 2015 and 2016 annual financial statements.Nn inc - also identified a required revision to its march 31, 2017 interim financial statements related to translation of its investment in joint venture.Nn inc 0- management has determined that required revision is not material to the previously issued annual and interim financial statements.Nn inc - revision will be addressed by revising previously issued annual and interim financial statements included within june 30, 2017 quarterly report on form 10-q and future filings.Nn inc - needs additional time to reflect impact of revision and to determine necessary disclosures to be included in 10-q for period ended June 30, 2017.  Full Article

NN Inc Q2 GAAP loss per share $0.78
Wednesday, 2 Aug 2017 04:19pm EDT 

Aug 2 (Reuters) - NN Inc :NN, Inc. reports second quarter 2017 results.Q2 adjusted earnings per share $0.51.Q2 GAAP loss per share $0.78.Q2 sales $225.9 million versus I/B/E/S view $220.8 million.Q2 earnings per share view $0.48 -- Thomson Reuters I/B/E/S.  Full Article

NN Inc says Nakashima to pay co termination fee of $18.8 million if deal not completed under certain circumstances
Monday, 10 Jul 2017 07:42am EDT 

July 10 (Reuters) - NN Inc ::Says Nakashima to pay co termination fee of $15 million if deal not completed by termination date, regulatory approvals not obtained.Says Tsubaki Nakashima co obtained about $360 million in committed debt financing to fund purchase price payable to co - SEC filing.Says Nakashima to pay co termination fee of $18.8 million if deal not completed by termination date, Nakashima unable to obtain funding of financing.  Full Article

NN Inc to sell precision bearing components group to Tsubaki Nakashima
Monday, 10 Jul 2017 07:00am EDT 

July 10 (Reuters) - NN Inc :NN Inc announces agreement to sell precision bearing components group to Tsubaki Nakashima.Deal for for $375 million in cash..Beginning in Q3 of 2017, PBC results will be classified as discontinued operations in NN's financial reporting.NN reaffirms its Q2 2017 guidance..Has entered into a definitive agreement to sell its precision bearing components group to Tsubaki Nakashima Co Ltd.Q2 earnings per share view $0.48, revenue view $220.8 million -- Thomson Reuters I/B/E/S.  Full Article

Tsubaki Nakashima to acquire precision bearing components business for $375 mln
Monday, 10 Jul 2017 04:01am EDT 

July 10(Reuters) - Tsubaki Nakashima Co Ltd <6464.T>:Says it plans to acquire precision bearing components business for $375 million (about 42.5 billion yen ) from NN, INC. <<>> group companies.  Full Article

Nn Inc sees Q2 adjusted earnings per share $0.45-$0.49
Wednesday, 3 May 2017 04:09pm EDT 

May 3 (Reuters) - Nn Inc :Nn, Inc. Reports first quarter 2017 results.Q1 adjusted earnings per share $0.47.Q1 gaap earnings per share $0.27.Q1 sales $226.3 million versus i/b/e/s view $215.9 million.Q1 earnings per share view $0.42 -- Thomson Reuters I/B/E/S.Q1 earnings per share view $0.42 -- Thomson Reuters I/B/E/S.Nn inc sees full year 2017 adjusted earnings per share $1.70 - $1.90.Nn Inc sees q2 net sales in range of $218 million - $223 million.Nn Inc sees q2 adjusted earnings per share in range $0.45 - $0.49.Nn Inc sees q2 gaap loss per share $0.65 to loss per share $0.61.Q2 earnings per share view $0.48 -- Thomson Reuters I/B/E/S.Q2 revenue view $219.5 million -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $1.72 -- Thomson Reuters I/B/E/S.  Full Article

NN says units entered into certain amendment No. 1 to amended and restated credit agreement
Tuesday, 4 Apr 2017 06:25am EDT 

NN Inc : NN Inc - on April 3, 2017 co, units entered into certain amendment no. 1 to amended and restated credit agreement - sec filing . NN - amendment provides for an incremental term loan of an aggregate principal amount of $300.0 million . NN - incremental term loan matures on April 3, 2021 .NN - used proceeds of incremental term loan to repurchase, $250.0 million aggregate principal amount of co's 10.25 pct senior notes due 2020.  Full Article

NN Inc. Announces successful redemption and refinance of 10.25% senior notes
Monday, 3 Apr 2017 11:40am EDT 

Nn Inc : NN Inc. Announces successful redemption and refinance of 10.25% senior notes . Notes were redeemed with proceeds of new $300 million term loan B credit facility was added by amendment to co's existing senior secured credit facility .New $300 million term loan b has priced at LIBOR plus 3.75%.  Full Article

NN Inc reports Q4 GAAP earnings per share $0.12
Wednesday, 1 Mar 2017 05:32pm EST 

NN Inc : NN Inc reports fourth quarter & full year 2016 results . Q4 adjusted earnings per share $0.35 . Q4 GAAP earnings per share $0.12 . Q4 sales $202 million versus I/B/E/S view $202.3 million .Q4 earnings per share view $0.35 -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-NN Inc announces the acquisition of DRT Medical

* NN Inc - financial terms of transaction were not disclosed Source text for Eikon: Further company coverage: