Oct. 31 at 1:50 PM
Noble Capital Markets Research Report: NN (
$NNBR ) – Moving Forward With Transformation
3Q25. NN reported 3Q25 results that were below expectations, although there were some y-o-y improvements. Revenue of
$103.9 million was down 8.5% y-o-y on a reported basis and down 4.4% on a pro forma basis. We had projected
$115 million, and the consensus was
$112 million. Gross margin rose to 16.8% and 18.8% on an adjusted basis, up from 14.5% and 16.8%, respectively, in 3Q24. Adjusted EBITDA grew to
$12.4 million, or an 11.9% margin, up from
$11.6 million and 10.2% last year. We had forecast
$13.6 million. Adjusted net loss was
$0.01/sh. We and consensus were at EPS of
$0.01.
Read more: https://www.channelchek.com/news-channel/nn-nnbr-moving-forward-with-transformation
