NN, Inc. (NNBR) Tops Q2 EPS by 4c ; Offers Guidance

NN, Inc. (NASDAQ: NNBR) reported Q2 EPS of ($0.02), $0.04 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $122.99 million versus the consensus estimate of $124.47 million.

GUIDANCE:

NN, Inc. sees FY2024 revenue of $465-485 million, versus the consensus of $496.3 million.

Adjusted EBITDA in the range of $47 million to $51 million;
Free cash flow in the range of $8 million to $12 million; and
New business wins in the range of $55 million to $70 million.

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

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