NN, Inc. (NNBR) Reports In-Line Q2 EPS
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NN, Inc. Reports Second Quarter 2016 Results
August 3, 2016 4:07 PM EDTJOHNSON CITY, Tenn., Aug. 3, 2016 /PRNewswire/ --Â NN, Inc., (NASDAQ: NNBR), a diversified industrial company, today reported its financial results for the second quarter ended June 30, 2016.Â
Richard Holder, President and Chief Executive Officer, commented, "Commencing with this quarter and in accordance with updated regulatory guidance we have reformatted our earnings release to report our GAAP results first, followed by our adjusted operating results."
GAAP Results
Net sales for the second quarter of 2016 increased $49.4 million, or 30.0% to $214.3 million, compared to $164.9 million for the second quarter of 2015. Acquisitions added $57.8 million in... More
