NN, Inc. (NNBR) Misses Q4 EPS by 10c, Offers Guidance

NN, Inc. (NASDAQ: NNBR) reported Q4 EPS of ($0.12), $0.10 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $118 million versus the consensus estimate of $123.3 million.

GUIDANCE:

NN, Inc. sees FY2023 revenue of $525-555 million, versus the consensus of $537 million.

• Revenue in the range of $525 million to $555 million
• Adjusted EBITDA in the range of $50 million to $60 million
• Free cash flow in the range of $10 to $20 million
• Free cash flow outlook does not include CARES Act tax refund of ~$11 million due to uncertain timing

For earnings history and earnings-related data on NN, Inc. (NNBR) click here.

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