NN (NasdaqGS:NNBR) FY Conference November 03, 2025 07:30 PM ET Company ParticipantsNone - Unknown Speaker 1Harold Bevis - CEONone - Unknown Speaker 3None - Unknown Speaker 2NoneMoving on to our last, and certainly not least, presenter of the day, NN Inc. and company CEO, Harold Bevis. Based in Charlotte, North Carolina, it's a designer and manufacturer of high-precision metal and plastic components for a variety of end markets, not the least of which is the auto industry. Real unique opportunity that Harold ...

Gabelli Funds 49th Annual Automotive Symposium TRANSFORMED AND READY TO LAUNCH FORWARD LOOKING STATEMENTS This presentation contains express and implied forward-looking statementswithin the meaning of the Private Securities Litigation ReformAct of 1995, including statementsregarding our financial outlook for the full year of fiscal 2025, the impact of, and our ability to execute, our corporate strategies and business initiatives and the potential impact tariffs, high interest rates, high metal costs and add ...

Core Viewpoint - NN, Inc. will present at the Gabelli Funds 49th Annual Automotive Symposium on November 3, 2025, highlighting its role as a global diversified industrial company in high-precision components and assemblies [1][2]. Company Overview - NN, Inc. is a global diversified industrial company that combines advanced engineering and production capabilities with materials science expertise to design and manufacture high-precision components and assemblies for various markets [3]. - The company is headquartered in Charlotte, North Carolina, and operates facilities across North America, Europe, South America, and Asia [3]. Event Details - The presentation by Harold Bevis, President and CEO, is scheduled to begin at 4:30 p.m. PT (7:30 p.m. ET) on November 3, 2024 [2]. - Investors can register to access the live event, and a link to the presentation and associated materials will be available on the company's investor section of its website [2]. Investor Relations - For inquiries, investors can contact Joe Caminiti or Stephen Poe at NNBR@alpha-ir.com or call 312-445-2870 [4].

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Financial Data and Key Metrics Changes - The company's net sales for Q3 2025 were approximately $103.9 million, a decline of $9.7 million compared to the same period last year [19] - Adjusted operating income for the quarter was $4 million, a significant increase from $2.7 million in the prior year [20] - Adjusted EBITDA increased by 6.9% year-over-year to $12.4 million, with margins expanding by 170 basis points to 11.9% [20][22] Business Line Data and Key Metrics Changes - In the Power Solutions segment, net sales were $44.9 million, up $2 million from the previous year, driven by new launches and increased precious metals pass-through [25] - The Mobile Solutions segment saw net sales decline to $59.1 million, down from $70.7 million, primarily due to rationalization of underperforming business [26] - Adjusted EBITDA margins for Power Solutions improved to 19.8%, while Mobile Solutions margins decreased to 11.4% [26][27] Market Data and Key Metrics Changes - Automotive remains the largest market, accounting for 40% of revenue, but has faced challenges due to changes in consumer preferences and production adjustments [12][13] - The electrical distribution market, which constitutes 20% of the business, has experienced volatility due to federal funding cancellations [15] - The defense market is at an all-time high, projected to grow significantly, benefiting the company due to its capabilities in this area [16] Company Strategy and Development Direction - The company is focused on structured sales growth, having secured over $180 million in new business, with a sales pipeline exceeding $850 million [5][6] - A strategic M&A program is underway, with multiple acquisition targets being evaluated to scale and accelerate growth [7] - The company aims to achieve long-term goals of 20% gross margins and 13-14% adjusted EBITDA margins [22][36] Management's Comments on Operating Environment and Future Outlook - Management noted ongoing headwinds in served markets but expressed confidence in overcoming these challenges through new business wins [8][18] - The outlook for automotive production is cautiously optimistic, with expectations for slight improvements in North America and growth in China [92] - Management highlighted the importance of maintaining strong cash flow and working capital management amid market uncertainties [11][73] Other Important Information - The company generated $9 million in free cash flow during the quarter, with significant improvements in working capital management [11][31] - The company is in the process of refinancing its preferred equity and evaluating its capital structure [7][34] Q&A Session Summary Question: How is data center demand affecting growth in the Power Solutions segment? - Management indicated that while data center demand is driving growth, federal funding for grid investments has stalled, impacting overall investment [39] Question: What steps are needed to achieve long-term margin goals? - Management stated that ongoing efforts to eliminate negative EBITDA business and maintain a consistent product mix are essential for margin improvement [40][42] Question: Will the facility rationalization impact revenue forecasts? - Management clarified that the rationalization will not affect sales in the current quarter but will be a topic for 2026 [45][46] Question: What is the capacity utilization rate across segments? - Capacity utilization is approximately 60% for Power Solutions and varies between 60% to 80% for Mobile Solutions, indicating significant available capacity [48][50] Question: What is the outlook for the aerospace and defense market? - Management expressed optimism about doubling the aerospace and defense business, highlighting recent growth and new customer acquisitions [55][56] Question: Can you provide insights on operations in China? - The company has a successful joint venture in China, generating significant sales and EBITDA, and is focused on fuel systems components for local manufacturers [61][62]

Q3 2025 EARNINGS PRESENTATION Transforming Precision and Powering the Next Generation of Innovation FORWARD LOOKING STATEMENTS This presentation contains express and implied forward-looking statementswithin the meaning of the Private Securities Litigation ReformAct of 1995, including statementsregarding our financial outlook for the full year of fiscal 2025, the impact of, and our ability to execute, our corporate strategies and business initiatives and the potential impact tariffs, high interest rates, hig ...

Core Insights - NN Inc. reported a quarterly loss of $0.01 per share, aligning with the Zacks Consensus Estimate, compared to a loss of $0.05 per share a year ago [1] - The company generated revenues of $103.88 million for the quarter ended September 2025, missing the Zacks Consensus Estimate by 7.44% and down from $113.59 million year-over-year [2] - NN shares have declined approximately 42.5% year-to-date, contrasting with the S&P 500's gain of 17.2% [3] Financial Performance - The company has surpassed consensus EPS estimates three times over the last four quarters, with a notable surprise of +300% in the previous quarter [1] - The current consensus EPS estimate for the upcoming quarter is $0.02 on revenues of $110.2 million, with breakeven expected on revenues of $436.04 million for the current fiscal year [7] Industry Context - NN operates within the Zacks Metal Products - Procurement and Fabrication industry, which is currently ranked in the top 8% of over 250 Zacks industries [8] - The performance of NN's stock may be influenced by the overall outlook for the industry, as research indicates that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8] Future Outlook - The sustainability of NN's stock price movement will largely depend on management's commentary during the earnings call and the trends in earnings estimate revisions [3][4] - The estimate revisions trend for NN was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6]

FOR IMMEDIATE RELEASE • Net sales of $103.9 million, down 8.5%; Power Solutions grew 4.7%, and Mobile Solutions declined 16.4%. ◦ Proforma net sales down 4.4% after accounting for rationalization of unprofitable business. • Gross margin improved to $17.5 million (16.8% of sales) and adjusted gross margin improved to $19.6 million (18.8% of sales), up from $16.5 million (14.5%) and $18.6 million (16.3%), respectively, due to net sales growth in Power Solutions, and a successful continuous improvement cost-re ...

Business delivers improvements across operating income, margin performance, free cash flow, and Power Solutions segment sales growth Strategic value creation actions fully underway with active M&A program and preferred equity refinancing initiative Softness in global automotive markets has created opportunity for closure of the final high-cost, unprofitable plant in NN’s 5-year plan CHARLOTTE, N.C., Oct. 29, 2025 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR) (“NN” or the “Company”), a global diversified indu ...

For the quarterly period ended September 30, 2025 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-39268 NN, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) De ...