---
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"
generated_at: "2026-06-12T10:43:12.739734+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NN, Inc. Q2 sales flat at $125.2M; net loss widens to $14.4M; cuts FY guidance

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000918541-23-000121
- JSON: https://secwatch.observer/filing/0000918541-23-000121.json
- Plain text: https://secwatch.observer/filing/0000918541-23-000121.txt

## Key facts
- Earnings Releases
  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.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $125.2 million
  - Net income: Net loss was $14.4 million
  - EPS: $0.08 per diluted share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/918541/000091854123000121/0000918541-23-000121-index.htm
- Earnings Releases
  NN INC reported the full year results: revenue $485 million to $505 million. Guidance lowered.
  - Period: the full year
  - Revenue: $485 million to $505 million
  - Guidance: lowered
  - Result: guidance update
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/918541/000091854123000121/0000918541-23-000121-index.htm

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