---
schema_version: "secwatch.filing_event.v1"
accession: "0000918541-24-000017"
form_type: "8-K"
ticker: "NNBR"
cik: "0000918541"
company_name: "NN INC"
filed_at: "2024-03-11T23:59:59+00:00"
generated_at: "2026-06-05T00:17:24.573710+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# NN Inc. reports Q4 2023 adjusted EBITDA up 28% to $10M; guides FY2024 EBITDA $47-$55M

## Summary
- Q4 2023 net sales $112.5M (-4.6% YoY); adjusted EBITDA $10.0M (+28% YoY); free cash flow $1.3M.
- Full year 2023 adjusted EBITDA $43.1M (8.8% of sales); free cash flow $11.7M, improvement from -$9.8M.
- 2024 guidance: revenue $485-$510M, adjusted EBITDA $47-$55M, free cash flow $10-$15M, net leverage below 3.0x.
- Record new business wins of $62.6M in 2023; targets $55-$70M in 2024.
- GAAP net loss $20.5M in Q4 vs $12.0M in Q4 2022, driven by warrant valuation and interest.

## SEC filing metadata
- accession: 0000918541-24-000017
- form_type: 8-K
- ticker: NNBR
- cik: 0000918541
- company_name: NN INC
- filed_at: 2024-03-11T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/918541/000091854124000017/0000918541-24-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/918541/000091854124000017/nnbr-20240311.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000918541-24-000017
- JSON: https://secwatch.observer/filing/0000918541-24-000017.json
- Plain text: https://secwatch.observer/filing/0000918541-24-000017.txt

## Key facts
- Earnings Releases
  NN INC reported financial results for the quarter and year ended December 31, 2023.
  - Period: the quarter and year ended December 31, 2023
  - Result: reported results
  source text: On March 11, 2024, NN, Inc. (the “Company”) issued a press release announcing the Company’s financial results for the quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/918541/000091854124000017/0000918541-24-000017-index.htm

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