NN INC

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.

NN, Inc. announced that its senior management, including CEO Harold Bevis, CFO Chris Bohnert, and COO Tim French, will present at the iAccess Alpha Virtual Best Ideas Summer Investment Conference 2026. The company presentation is scheduled for June 23, 2026, at 9:00 AM ET, followed by one-on-one meetings with pre-qualified investors on June 24. A live webcast and replay of the presentation will be accessible online and on the company's website.

NN Inc. announced that Jami A. Statham will step down from her role as Senior Vice President, General Counsel, and Corporate Secretary, effective July 9, 2026. Her departure is not due to any disagreement with the company. A Transition Agreement has been put in place, ensuring she receives her current base salary, benefits, continued equity vesting, and a pro-rated 2026 annual target bonus. The company plans to engage an external search firm to identify candidates for her successor.

NN, Inc. announced the appointment of Robert Esch as President & Chief Technical Officer, Machined Products, effective June 8, 2026. Esch, who has been with NN for his entire professional career, will lead the company's machined products businesses globally, including the Mobile Solutions Group in North America, South America, and Europe. This strategic move aims to align functions under Esch to drive NN's growth initiatives and ongoing transformation across key markets.

NN, Inc. held its 2026 Annual Meeting, where stockholders approved the Amended and Restated 2022 Omnibus Incentive Plan, increasing shares reserved for issuance by 2,000,000. Additionally, eight directors were elected for a one-year term, and the advisory vote on executive compensation was approved. Stockholders also ratified Grant Thornton LLP as the independent public accounting firm for fiscal year 2026.

NN Inc. announced an updated investor presentation for its ROTH virtual roadshow, revealing a significant raise in its full-year 2026 financial guidance. The company now expects higher net sales, adjusted EBITDA, and new business wins, driven by strong Q1 performance and a positive forward outlook. This update also highlighted the acceleration of its 5-year value creation plan, moving long-term sales and EBITDA targets from 2030 to 2029, as it continues to strategically shift its portfolio towards high-growth markets like Electric Grid & Data Center and Defense & Electronics.

NN, Inc. reported strong first quarter 2026 financial results, with net sales increasing 12.1% to $118.5 million and adjusted EBITDA rising 33.0% to $14.1 million, both exceeding expectations. The company also raised its full-year 2026 guidance for net sales, adjusted EBITDA, and new business wins, and accelerated its long-term goal attainment by one year to 2029. This performance was driven by strategic growth programs in Electric Grid & Data Center, Defense & Electronics, and Medical markets, alongside operational improvements.

NN Inc. reported a 12.08% increase in net sales to $118.45 million for Q1 2026, up from $105.69 million in Q1 2025. Despite an improved operating loss, the company's net loss widened slightly to $(6.83) million, or $(0.25) per share, compared to $(6.69) million, or $(0.23) per share, in the prior year. The Power Solutions segment saw significant sales and operating income growth, while the Mobile Solutions segment also improved its operating loss.

NN, Inc. reported strong first-quarter 2026 results, exceeding expectations with net sales up 12.1% to $118.5 million and adjusted EBITDA increasing 33.0% to $14.1 million. The company raised its full-year 2026 guidance for net sales to $450-$470 million and adjusted EBITDA to $52-$62 million, reflecting robust growth and operational improvements. Additionally, NN accelerated its long-term target achievement by one year to 2029, driven by strategic growth in Electric Grid & Data Center, Defense & Electronics, and Medical end-markets.

NN, Inc. announced that its CARES Act refund of over $10 million has been processed for payment. This significant cash inflow will more than offset the $10 million borrowed in Q1 2026 to fund growth areas, providing additional liquidity and room for expansion. The company is currently finalizing its financial results for the quarter ended March 31, 2026, and plans to update its financial outlook on May 6, 2026.