NN, Inc. (NASDAQ:NNBR) will be hosting a conference call at 9:00 AM eastern time on 7th August 2020, to discuss its 2Q20 financial results with the investment community.
The company released its quarterly earnings, after the market close on Thursday 6th August 2020
A live webcast with presentations will be available on the Internet by visiting the Company website www.nninc.com
Quarterly Results
NN, Inc. unveiled loss for the second quarter of $ 0.11 per share, from the revenue of $ 150.42 million. The quarterly revenues down 32.14 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.19 per share from $ 154.16 million in revenue. The bottom line results beat street analysts by $ 0.08 or 42.11 percent, at the same time, top line results fell short of analysts by $ 3.74 million or 2.43 percent.
NN, Inc., a diversified industrial company, designs and manufactures high-precision components and assemblies in the United States, China, Mexico, Brazil, Germany, Switzerland, Poland, Italy, the Czech Republic, the Netherlands, and internationally. It operates through Mobile Solutions, Power Solutions, and Life Sciences segments. The Mobile Solutions segment manufactures precision metal components and sub-assemblies for the automotive and general industrial end markets.
