NN, Inc. (NNBR) Tops Q1 EPS by 1c

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NN, Inc. Reports First Quarter 2015 Results

May 6, 2015 5:40 PM EDT

JOHNSON CITY, Tenn., May 6, 2015 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today reported its financial results for the first quarter ended March 31, 2015.  

First Quarter 2015 Results

Net sales for the first quarter of 2015 increased $61.2 million, or 60%, to $163.7 million, compared to $102.5 million for the first quarter of 2014.  Excluding acquisitions that occurred after the first quarter of 2014 and currency effects, the Company had sales volume growth of $7.8 million or 7.6%, compared with the prior year.  Acquisitions made subsequent to March 31, 2014 added $62.0 million in revenue.  Negative currency impacts reduced... More