{"schema_version":"secwatch.filing_event.v1","accession":"0000918541-23-000121","form_type":"8-K","ticker":"NNBR","cik":"0000918541","company_name":"NN INC","filed_at":"2023-08-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.024139+00:00","generated_at":"2026-06-12T10:43:12.739734+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"NN, Inc. Q2 sales flat at $125.2M; net loss widens to $14.4M; cuts FY guidance","bullets":["Net loss of $14.4M, up from $8.6M loss a year ago; adjusted net loss $0.08/diluted share.","Adjusted EBITDA of $10.5M (8.4% of sales) vs $10.9M (8.7%) in Q2 2022.","Generated $3.0M free cash flow vs ($2.4M) use in prior year; trailing-year positive.","Revised FY 2023 outlook: sales $485-505M, Adj. EBITDA $40-46M, FCF $7-13M.","Power Solutions op income improved to $2.6M; Mobile Solutions op loss of $1.5M."],"urls":{"canonical":"https://secwatch.observer/filing/0000918541-23-000121","json":"https://secwatch.observer/filing/0000918541-23-000121.json","markdown":"https://secwatch.observer/filing/0000918541-23-000121.md","text":"https://secwatch.observer/filing/0000918541-23-000121.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/918541/000091854123000121/0000918541-23-000121-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/918541/000091854123000121/nnbr-20230803.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T10:43:12.739734+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8da0bdb604f78daeebe6f7f2196f07aa03a1d8bc","claim":"NN INC reported the second quarter ended June 30, 2023 results: revenue $125.2 million, net income Net loss was $14.4 million, EPS $0.08 per diluted share.","evidence_excerpt":"high-precision components and assemblies, today reported its financial results for the second quarter ended June 30, 2023. Financial and Strategic Highlights • Net sales of $125.2 million flat versus prior year period; • Operating loss of $4.0 million and Adjusted EBITDA of $10.5 million; • Free cash flow results of $3.0 million with positive free cash flow","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/918541/000091854123000121/0000918541-23-000121-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended June 30, 2023"},{"label":"Revenue","value":"$125.2 million"},{"label":"Net income","value":"Net loss was $14.4 million"},{"label":"EPS","value":"$0.08 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d5d5eed698a4485ecc76a80f421829e6ab46e45e","claim":"NN INC reported the full year results: revenue $485 million to $505 million. Guidance lowered.","evidence_excerpt":"the Company has revised its expectations for financial results for the full year as follows: ◦ Revenue in the range of $485 million to $505 million; ◦ Adjusted EBITDA in the range of $40 million to $46 million; and ◦ Free cash flow in the range of $7 to $13 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/918541/000091854123000121/0000918541-23-000121-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full year"},{"label":"Revenue","value":"$485 million to $505 million"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}