---
schema_version: "secwatch.filing_event.v1"
accession: "0000918541-24-000062"
form_type: "8-K"
ticker: "NNBR"
cik: "0000918541"
company_name: "NN INC"
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T22:44:47.376698+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NN, Inc. Q1 2024: Adj. EBITDA $11.3M (+38.9% YoY); net sales $121.2M (-4.6% YoY)

## Summary
- Net sales $121.2M, down 4.6% YoY; operating loss improved to $4.8M from $7.1M.
- Adjusted EBITDA $11.3M (9.3% of sales) vs $8.1M YoY; free cash flow $0.3M vs -$3.7M.
- Power Solutions operating income $4.0M; Mobile Solutions operating loss $2.1M.
- New business wins $17.2M in Q1, cumulative $80M over last 5 quarters.
- FY2024 guidance: revenue $485-505M, adj. EBITDA $48-54M, FCF $10-15M.

## SEC filing metadata
- accession: 0000918541-24-000062
- form_type: 8-K
- ticker: NNBR
- cik: 0000918541
- company_name: NN INC
- filed_at: 2024-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/918541/000091854124000062/0000918541-24-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/918541/000091854124000062/nnbr-20240506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000918541-24-000062
- JSON: https://secwatch.observer/filing/0000918541-24-000062.json
- Plain text: https://secwatch.observer/filing/0000918541-24-000062.txt

## Key facts
- Earnings Releases
  NN INC reported first quarter ended March 31, 2024 results: revenue $121.2 million, net income Net loss was $12.5 million, EPS $0.08 per diluted share. Guidance reaffirmed.
  - Period: first quarter ended March 31, 2024
  - Revenue: $121.2 million
  - Net income: Net loss was $12.5 million
  - EPS: $0.08 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: first quarter ended March 31, 2024. Highlights • Strategic transformation program drove another quarter of improved results, 3 rd quarter in a row; • First quarter net sales of $121.2 million, down 4.6% versus prior year, driven largely by rationalized volume; • First quarter operating loss of $4.8 million, an improvement of $2.3 million versus prior year; • First
  evidence_url: https://www.sec.gov/Archives/edgar/data/918541/000091854124000062/0000918541-24-000062-index.htm

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