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NN Inc (NNBR)
NASDAQ:NNBR
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
>-0.01Last Year’s EPS
-0.02Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: 21.86%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Neutral
The earnings call presents a balanced outlook with significant progress in cost reduction, operational transformation, and new business development, offset by challenges in market demand and economic uncertainties, particularly affecting sales and the automotive market.Company Guidance
During the NN Inc. first quarter 2025 earnings call, the company reconfirmed its guidance, projecting full-year EBITDA between $53 million and $63 million, and introduced a free cash flow guidance of $14 million to $16 million. The firm reported flat sequential and year-over-year sales on a pro forma basis, attributing this to their Profitable Immediate Growth Strategy (PIGS), which has led to 120 new programs worth $55 million in annualized sales. Adjusted gross margins were reported at 16.9%, with a target to reach 19% to 20% over five years. The company also highlighted a $15 million cost reduction plan and a focus on operational efficiencies, including a 16.1% workforce reduction, aiming to improve profitability throughout 2025. Additionally, NN Inc. mentioned a robust pipeline of new business prospects valued at $740 million and emphasized significant wins in industrial products and medical markets.New Business Program Success
The PIGS program (Profitable Immediate Growth Strategy) has resulted in 120 new programs worth $55 million in annualized sales, showing a significant increase and contributing to business stability.
Cost Reduction Achievements
The company achieved a 16.1% reduction in total headcount, contributing to a 25% improvement in adjusted EBITDA per salaried headcount over the last 12 months.
EBITDA and Financial Guidance Reaffirmation
Reconfirmed full-year adjusted EBITDA guidance of $53 million to $63 million and initiated free cash flow guidance at $14 million to $16 million, despite economic uncertainties.
Operational Transformation Progress
The transformation plan is 70% complete with significant progress in leadership enhancement, cost structure optimization, and plant-specific performance improvements.
Increased Pipeline and Business Wins
The company has a robust business prospecting pipeline nearing $750 million and reported 200 expected program wins for the year, indicating strong momentum in business development.
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NNBR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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NNBR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2025 | $1.83 | $1.64 | -10.38% |
Mar 05, 2025 | $2.70 | $2.59 | -4.07% |
Oct 30, 2024 | $3.92 | $3.15 | -19.64% |
Aug 07, 2024 | $3.32 | $3.37 | +1.51% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does NN Inc (NNBR) report earnings?
NN Inc (NNBR) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is NN Inc (NNBR) earnings time?
NN Inc (NNBR) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NNBR EPS forecast?
NNBR EPS forecast for the fiscal quarter 2025 (Q2) is >-0.01.
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