---
schema_version: "secwatch.filing_event.v1"
accession: "0000918541-23-000136"
form_type: "8-K"
ticker: "NNBR"
cik: "0000918541"
company_name: "NN INC"
filed_at: "2023-11-06T23:59:59+00:00"
generated_at: "2026-06-08T21:46:51.481717+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# NN Inc. Q3 adj EBITDA up to $14.5M (11.6% of sales); raises 2023 FCF guidance to $10-14M

## Summary
- Net sales $124.4M (-2.2% YoY); operating loss $2.7M; net loss $5.1M vs $2.2M prior year.
- Adjusted EBITDA $14.5M (11.6% margin) vs $11.8M (9.3%) YoY; free cash flow generation of $11.3M.
- Leverage ratio improved to 3.37x from 3.87x sequentially; launched NN Medical division.
- Full-year 2023 outlook: revenue $487-497M; adj EBITDA $40-44M; FCF raised to $10-14M.
- New COO and CPO added; cost productivity programs expected to yield ~$10M adj EBITDA improvement.

## SEC filing metadata
- accession: 0000918541-23-000136
- form_type: 8-K
- ticker: NNBR
- cik: 0000918541
- company_name: NN INC
- filed_at: 2023-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/918541/000091854123000136/0000918541-23-000136-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/918541/000091854123000136/nnbr-20231106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000918541-23-000136
- JSON: https://secwatch.observer/filing/0000918541-23-000136.json
- Plain text: https://secwatch.observer/filing/0000918541-23-000136.txt

## Key facts
- Earnings Releases
  NN INC reported the third quarter ended September 30, 2023 results: revenue $124.4 million, net income $5.1 million, EPS $0.01 per diluted share. Guidance reaffirmed.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $124.4 million
  - Net income: $5.1 million
  - EPS: $0.01 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: high-precision components and assemblies, today reported its financial results for the third quarter ended September 30, 2023. Financial and Strategic Highlights • Net sales of $124.4 million, down 2.2% versus prior year period; • Operating loss of $2.7 million and adjusted EBITDA of $14.5 million; • Free cash flow of $11.3 million, up significantly versus prior
  evidence_url: https://www.sec.gov/Archives/edgar/data/918541/000091854123000136/0000918541-23-000136-index.htm

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