NN, Inc. (NNBR) Misses Q3 EPS by 7c

November 2, 2016 6:45 PM EDT

News and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here.

NN, Inc. (NASDAQ: NNBR) reported Q3 EPS of $0.38, $0.07 worse than the analyst estimate of $0.45. Revenue for the quarter came in at $205 million versus the consensus estimate of $219.13 million.

Richard Holder, President and Chief Executive Officer, commented, "We continue to drive solid operating performance and margin expansion aided by the NN Operating System despite ongoing weakness in the industrial market. Our focus throughout 2016 has been to optimize our business operations to lay a solid foundation for future long term growth, and our continuing margin improvement is evidence of the power of our diversified portfolio and the benefits derived from strong operating discipline."

For earnings history and earnings-related data on NN, Inc. (NNBR) click here.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Earnings, Management Comments

Related Entities

Earnings

Add Your Comment