NN, Inc. (NNBR) Reports In-Line Q2 EPS

NN, Inc. (NASDAQ: NNBR) reported Q2 EPS of $0.38, in-line with the analyst estimate of $0.38. Revenue for the quarter came in at $196.3 million versus the consensus estimate of $196.75 million.

Richard Holder, President and Chief Executive Officer, commented, "During the quarter, we continued to execute on our strategy toward building a balanced diversified industrial company. With the completion of our acquisition of Paragon Medical this quarter, we are now well-positioned to grow all of our businesses organically. Our operating performance in the quarter was consistent with our expectations despite incurring much higher than planned spending on investments in new programs in our Mobile Solutions segment."

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

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