---
schema_version: "secwatch.filing_event.v1"
accession: "0000918541-23-000020"
form_type: "8-K"
ticker: "NNBR"
cik: "0000918541"
company_name: "NN INC"
filed_at: "2023-03-09T23:59:59+00:00"
generated_at: "2026-06-18T08:07:42.217204+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# NN Inc. reports Q4 net loss of $12M, adjusted EBITDA down 36% YoY; guides 2023 revenue $525-555M

## Summary
- Q4 net sales $118.0M (+6.9% YoY); GAAP loss from operations $11.0M vs loss $3.8M YoY.
- Q4 adjusted EBITDA $7.8M (6.6% of sales) vs $12.1M (10.9%); adjusted EPS loss $0.12 vs loss $0.01.
- Full year 2022 net sales $498.7M (+4.4%); adjusted EBITDA $43.9M (8.8%) vs $52.1M (10.9%).
- Amended ABL and term loan on March 3, 2023 to increase leverage covenant flexibility; interest rate increase on term loan.
- 2023 outlook: revenue $525-555M, adj. EBITDA $50-60M, FCF $10-20M; expects new CEO by Q2 2023.

## SEC filing metadata
- accession: 0000918541-23-000020
- form_type: 8-K
- ticker: NNBR
- cik: 0000918541
- company_name: NN INC
- filed_at: 2023-03-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/918541/000091854123000020/0000918541-23-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/918541/000091854123000020/nnbr-20230309.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000918541-23-000020
- JSON: https://secwatch.observer/filing/0000918541-23-000020.json
- Plain text: https://secwatch.observer/filing/0000918541-23-000020.txt

## Key facts
- Earnings Releases
  NN INC reported financial results for the fourth quarter and full year ended December 31, 2022.
  - Period: the fourth quarter and full year ended December 31, 2022
  - Result: reported results
  source text: On March 9, 2023, NN, Inc. (the “Company”) issued a press release announcing the Company’s financial results for the quarter and year ended December 31, 2022. The full text of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K (the "Current Report").
  evidence_url: https://www.sec.gov/Archives/edgar/data/918541/000091854123000020/0000918541-23-000020-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.