NN, Inc. (NNBR) Tops Q2 EPS by 3c

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Go back to NN, Inc. (NNBR) Tops Q2 EPS by 3c

NN, Inc. Reports Second Quarter 2017 Results

August 2, 2017 4:19 PM EDT

JOHNSON CITY, Tenn., Aug. 2, 2017 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR), a diversified industrial company, today reported its financial results for the second quarter ended June 30, 2017. 

GAAP Results

Net sales for the second quarter of 2017 increased $11.6 million, or 5%, to $225.9 million, compared to $214.3 million for the second quarter of 2016.  Organic growth in the medical, aerospace and CAFE end markets accounted for the increase.

On a GAAP basis, income from operations for the second quarter of 2017 was $20.6 million, compared to $16.7 million for the same period in 2016. Net loss on a... More