NN: Q4 Earnings Snapshot

Associated Press Finance
06 Mar

CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — NN Inc. (NNBR) on Wednesday reported a loss of $21 million in its fourth quarter.

On a per-share basis, the Charlotte, North Carolina-based company said it had a loss of 51 cents. Losses, adjusted for non-recurring costs, were 2 cents per share.

The industrial parts maker posted revenue of $106.5 million in the period.

For the year, the company reported a loss of $38.3 million, or $1.11 per share. Revenue was reported as $464.3 million.

NN expects full-year revenue in the range of $450 million to $480 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NNBR at https://www.zacks.com/ap/NNBR

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10