NN, Inc. (NNBR) Tops Q4 EPS by 22c, Revenues Beat
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NN, Inc. Reports Fourth Quarter And Full Year 2020 Results
March 11, 2021 4:30 PM ESTCHARLOTTE, N.C., March 11, 2021 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR), a diversified industrial company, today reported its financial results for the fourth quarter and full year ended December 31, 2020.
Fourth-Quarter Results
For the fourth quarter, NN posted solid improvements in sales and profitability as the Company's core markets continued to recover from the impact of the COVID-19 pandemic. Key highlights from the quarter include:
Net sales increased $8.3 million, or 7.5%, to $119.0 million, compared to $110.7 million for the fourth quarter of 2019, driven primarily by 11.8% growth in... More