Business UpdateJun 22, 2026, 09:07 AM
NN, Inc. Updates Investor Presentation, Accelerates Long-Term Goals
AI Summary
NN, Inc. announced it has posted an updated investor presentation to its website, which will be used at the iAccess Alpha Best Ideas Summer Investment Conference. The presentation highlights the company's strong performance, with a mid-point guidance for 2026 of $460 million in sales and $57 million in Adjusted EBITDA. The company also noted accelerated long-term goal attainment and significant growth in its Electric Grid & Data Center business.
Key Highlights
- NN, Inc. posted an updated investor presentation for the iAccess Alpha Best Ideas Summer Investment Conference.
- Mid-point guidance for 2026 includes $460 million in sales and $57 million in Adjusted EBITDA (12% margin).
- Q1 2026 sales and adjusted EBITDA outperformed prior period, with 22 of Top 30 customers showing sales growth.
- Long-term goal attainment for 2027-2030 has been accelerated from 2030 to 2029.
- Data Center business has trailing 12-month sales of $73 million, with a near-term goal of $100 million.
- Global auto sales declined from 65% of total sales in 2023 to 44% as of Q1 2026.
Price Impact
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