Core Viewpoint - NN, Inc. will participate in the Lake Street Capital Markets 9th Annual Best Ideas Growth (BIG8) Conference on September 11, 2025, with CFO Chris Bohnert attending [1]. Company Overview - NN, Inc. is a global diversified industrial company that specializes in engineering and manufacturing high-precision components and assemblies [3]. - The company combines advanced engineering and production capabilities with materials science expertise to serve various global markets [3]. - Headquartered in Charlotte, North Carolina, NN, Inc. operates facilities across North America, Europe, South America, and Asia [3]. Investor Engagement - The executive management of NN, Inc. will conduct one-on-one and group meetings with registered investors and analysts during the conference [2].

Core Points - Feintool has reached a significant milestone in the realignment of its Business Unit Stamping Europe, relocating automotive sector activities from Sachsenheim to other plants while retaining part of the operation for industrial applications [1][2] - The restructuring process, initially planned to close the Sachsenheim site, will now allow approximately 230 jobs to remain at the nearby locations of Vaihingen and Sachsenheim, slightly below the previously announced 250 positions [2] - The adjustment of capacities in the Business Unit Stamping Europe is expected to be completed by 2026, aiming to improve profitability [3] - The restructuring program will incur costs of around CHF 47 million, fully provisioned in the 2024 financial year, with expected annual savings of CHF 15 million once the realignment is completed [4] - The implementation of the restructuring will focus on socially responsible solutions, offering affected employees a choice between a voluntary program and a social plan [5] - The realignment is intended to strengthen Feintool's competitiveness and secure a sustainable future in Europe [6] - CEO Lars Reich emphasized the importance of the agreement in the transformation process, highlighting job security and the creation of a competitive basis for the future [7] - Feintool is a leader in electrolamination stamping, fineblanking, and forming, supplying high-quality precision parts to various industries, including automotive and renewable energy [8][9] - Founded in 1959, Feintool operates 18 production sites globally, employing 3,100 staff and 80 vocational trainees [10]

Core Insights - ZJK Industrial Co., Ltd. has integrated a six-flap eccentric chuck into its production line, enhancing efficiency and reducing workpiece deformation risks [1][5] - The chuck's unique design allows for precise clamping of irregularly shaped workpieces, improving production capabilities [2][3] Company Overview - ZJK Industrial specializes in high-tech precision parts for various industries, including AI infrastructure, consumer electronics, and electric vehicles [1][8] - The company has over fourteen years of experience in precision metal parts manufacturing, supported by a skilled team and advanced automated equipment [8] Technological Innovation - The six-flap eccentric chuck features a patented design that adapts to the geometric center of workpieces, minimizing manual alignment needs [3][4] - This innovation allows for even distribution of clamping force, reducing deformation risks for thin-walled parts [4][5] Market Opportunity - The demand for bespoke components is increasing, driven by the growth of the AI server market and advancements in robotics and industrial automation [6][7] - ZJK's new chuck technology positions the company to capitalize on the rising need for irregular components in high-growth segments [7]

Core Insights - Broadwind reported a net loss of $1.0 million, or $0.04 per diluted share, in Q2 2025, a decline from a net income of $0.5 million, or $0.02 per diluted share, in Q2 2024 [2][8] - Revenue increased by 7.6% year-over-year to $39.2 million, driven by higher sales in the wind and industrial sectors [3][8] - Total orders rose by 14% year-over-year to $21.0 million, with significant demand from power generation and oil & gas customers [4][8] Financial Performance - Adjusted EBITDA for Q2 2025 was $2.1 million, down from $3.6 million in the same period last year, representing 5.3% of total revenue [2][8] - The Heavy Fabrications segment saw a revenue increase of 27.4% to $25.0 million, primarily due to demand for wind tower sections [10][8] - The Gearing segment experienced a revenue decline of 30.3% to $7.3 million, attributed to lower demand from domestic energy markets [12][8] Operational Highlights - The Industrial Solutions segment's revenue increased by 13.9% to $7.4 million, driven by stronger order intake for natural gas turbine content [14][8] - The consolidated backlog decreased by 31.5% year-over-year to $95.3 million as of June 30, 2025 [4] - The company had total cash and availability under its credit facility of $14.9 million at the end of Q2 2025, with a net debt to trailing twelve-month adjusted EBITDA ratio of 3.0x [5][8] Management Commentary - The CEO highlighted progress in diversifying into higher-value precision manufacturing markets and increased demand for wind-related content [6] - The pending sale of the industrial fabrication operations in Manitowoc, Wisconsin, is expected to close in Q3 2025, adding approximately $13 million in cash and reducing costs by an estimated $8 million annually [6][15] - The company anticipates improved profitability as production normalizes throughout the year [6] Segment Results - Heavy Fabrications segment reported operating income of $1.7 million, compared to $1.6 million in the prior year [10][8] - Gearing segment reported an operating loss of $0.8 million, down from an operating income of $0.5 million in the previous year [12][8] - Industrial Solutions segment reported operating income of $0.5 million, slightly down from $0.6 million in the prior year [14][8]

Financial Data and Key Metrics Changes - Revenue reached $241 million, representing reported revenue growth of 2% and organic revenue declines of 2% [7] - Adjusted gross margins held at 46% and adjusted EBITDA margin was 22%, both in line with expectations [8][29] - Non-GAAP adjusted earnings per share was $0.76, up 4% versus the prior year [29] - Operating cash flow for the quarter was $15 million compared to $41 million in the prior year, primarily driven by timing of tax payments and increased inventory purchases [29][30] Business Line Data and Key Metrics Changes - New product revenue grew by over 50% year over year, with a vitality index climbing to 21% of total sales [33] - Advanced surgery business experienced 17% growth year over year, driven by strong patient procedural growth rates [35] - Robotics and automation business unit revenue was up nearly 16% year over year, with a book to bill ratio of 1.05 [34] - Precision medicine business saw a 13% decline in sales year over year, but grew 10% sequentially [35] Market Data and Key Metrics Changes - Sales to medical device markets remained strong, driving sustained double-digit growth in advanced surgery [11] - Sales to industrial capital equipment saw declines year over year, but revenue has stabilized and bookings are rising at a double-digit pace [18] - Total China sales were up 15% year over year, despite challenges related to tariffs [80] Company Strategy and Development Direction - Long-term growth strategy focuses on markets with secular tailwinds such as precision and AI-driven robotics, minimally invasive surgery, and precision medicine [10] - The company aims to expand its portfolio into high-growth areas, increasing recurring consumables revenue to approximately 15% of sales [11] - The acquisition of Keon Technologies is expected to enhance the company's capabilities in RFID and AI-enhanced cloud-based software [30][23] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving $50 million of incremental new product revenue for 2025, mainly due to strong outlook for next-generation medical devices [12] - The company is optimistic about the growth in physical AI applications, expecting sales to double in 2026 versus 2025 [15] - Management acknowledged the impact of tariffs but indicated that mitigation strategies are in place, with a focus on regional manufacturing [37][40] Other Important Information - The company expects full-year 2025 GAAP revenue to be approximately $970 million to $985 million, representing overall revenue growth of 2% to 4% [41] - Adjusted EBITDA for the full year of 2025 is expected to be $225 million to $230 million, or approximately a 23% EBITDA margin [42] - The company has a strong balance sheet and credit facility, positioning it well for future acquisitions [47] Q&A Session Summary Question: Can you break down your revenue guidance? - The full year guidance indicates reported organic growth will likely be down 1% to up 1% [53] Question: What is the FX implied impact for benefit? - The FX impact is expected to carry forward from the second quarter [55] Question: What are the biggest drivers of organic growth in 2026? - Key drivers include advanced surgery product ramps, physical AI applications, and strong design wins [60][64] Question: Have we seen the low point for the year in industrial and precision medicine? - Management believes the industrial business has reached its bottom and will improve sequentially [72] Question: What is the status of the $35 million held up due to tariffs? - This amount is factored into guidance, and recovery is not assumed yet [79] Question: Can you elaborate on the warehouse robotics win? - The technology involves sensing and fast, safe reactions, essential for advanced warehouse automation [90]

Company Announcement - Broadwind (Nasdaq: BWEN) will release its second quarter 2025 financial results before the market opens on August 12, 2025 [1] - A conference call is scheduled for the same day at 11:00 a.m. ET to discuss the financial results and recent events [1] Conference Call Details - A webcast of the conference call and presentation materials will be available on the Company's Investor Relations website [2] - The live teleconference can be accessed at 877-407-9716, with a replay available until August 19, 2025, at 844-512-2921 [2] Company Overview - Broadwind is a precision manufacturer of structures, equipment, and components for clean tech and specialized applications [3] - The Company operates facilities throughout the U.S. and aims to help customers maximize the performance of their investments [3]

Core Viewpoint - Broadwind has secured a follow-on order exceeding $6 million from a leading OEM in the natural gas turbine segment, marking a significant commitment under a two-year agreement with potential for additional volume [1][2]. Group 1: Company Overview - Broadwind is a diversified precision manufacturer of specialized components and equipment, serving global markets, with a focus on clean tech and other specialized applications [3]. - The company operates facilities throughout the U.S. and aims to enhance customer performance through efficient manufacturing processes [3]. Group 2: Order Details - The recent order involves the production of precision machined gearing products specifically for natural gas turbines, with production set to commence in the fourth quarter of 2025 and fulfillment expected in 2026 and 2027 [2]. - This order is part of a broader strategy to leverage sustained demand trends in the power generation market, highlighting the company's manufacturing capabilities [3]. Group 3: Management Insights - Eric Blashford, President and CEO of Broadwind, emphasized that the expanded commitment reflects the company's strength in precision manufacturing and supports long-term growth in higher-value precision-machining verticals [3].

Core Insights - NN, Inc. has appointed Timothy Erro as the new Vice President and Chief Commercial Officer to lead its global commercial team [1][3] - The company is expanding its new business program due to early successes, with a commitment to increase its overall new business objectives [2][4] Business Performance - NN has achieved approximately $160 million in new business wins since launching its initiative in 2023, primarily in traditional markets and emerging success in electrical and medical end markets [4] - The new business pipeline is robust, exceeding $700 million across all products and targeted growth areas [4] Strategic Goals - The company aims to increase targets and pace for new wins, particularly in electrical and medical markets, and set higher annual award goals [4] - NN plans to strategically expand its product offerings and solutions [4] Leadership Background - Timothy Erro brings over 30 years of experience in electrical and electronic products, having led successful global programs in previous roles [3][6] - Prior to joining NN, Erro held significant positions at Commercial Vehicle Group, Inc., Aptiv, Leoni Wiring Systems, General Motors, and United Technologies Automotive [6] Market Focus - NN is focusing on various markets including on-road commercial vehicles, aerospace and defense platforms, automotive, and medical products [5][6]

Core Viewpoint - Broadwind has announced the sale of its industrial fabrication operations in Manitowoc, WI for at least $13 million, aiming to optimize its asset base, enhance liquidity, and focus on higher-margin precision manufacturing segments [1][2]. Strategic Rationale - The transaction is expected to optimize the company's footprint, enhance balance sheet flexibility, and sharpen strategic focus on stable, higher-margin precision manufacturing verticals [2][3]. - The company anticipates reducing annualized operating costs by approximately $8 million upon closing the transaction [2]. - The sale supports Broadwind's strategic diversification into other key power generation and infrastructure markets while maintaining service to wind customers [2]. Financial Impact - The Manitowoc facility generated approximately $25 million in revenue in 2024, with expectations to transition about $8 million of wind-related revenue to the Abilene, TX facility [5]. - The company expects to improve utilization rates and enhance operating leverage by moving remaining wind repowering and pressure reducing systems from Manitowoc, where margins were around 8-9% [5]. - Pro-forma for the transaction's closing, total cash would increase to $9.4 million, and net debt would decrease to $3.7 million [5]. Business Segmentation - On a proforma basis for 2024, revenue would be approximately $125 million, with 52% from Heavy Fabrications, 28% from Gearing, and 20% from Industrial Solutions [5]. - The company is reducing its exposure to wind by reallocating underutilized assets into non-wind precision manufacturing, supported by investments in advanced machinery and quality certifications [5]. Company Overview - Broadwind is a precision manufacturer of structures, equipment, and components for clean tech and specialized applications, with a commitment to maximizing customer investment performance [4].

Core Insights - Nordson Corporation's adjusted earnings for Q2 fiscal 2025 were $2.42 per share, exceeding the Zacks Consensus Estimate of $2.36, marking a 3% year-over-year increase [1] - Revenues reached $682.9 million, a 5% increase from the previous year, driven by the Advanced Technology Solutions segment and contributions from acquisitions, surpassing the consensus estimate of $674 million [1] Revenue Performance - Organic sales declined by 2.4% year over year, primarily due to weakness in polymer processing and industrial coatings [2] - Acquisitions positively impacted sales by 7.8%, while foreign currency translation had a negative effect of 0.4% [2] - The backlog increased approximately 5% sequentially [2] Regional Revenue Breakdown - Asia Pacific revenues were $218 million, up 25.2% year over year [3] - European revenues decreased by 5.3% to $172.5 million [3] - Revenues in the Americas decreased by 0.7% to $292.5 million [3] Segment Performance - Industrial Precision Solutions revenues were $318.8 million, down 7.6% year over year, contributing 46.7% to total revenues [3] - Medical and Fluid Solutions revenues were $202.8 million, up 20% year over year, contributing 29.7% to total revenues [4] - Advanced Technology Solutions revenues were $161.3 million, up 18% year over year, representing 23.6% of total revenues [5] Margin and Expense Analysis - Cost of sales increased by 8.5% year over year to $309 million, with gross profit at $373.9 million, a 2.2% increase [6] - Gross margin decreased by 150 basis points to 54.7% [6] - Selling and administrative expenses rose by 4% year over year to $205.2 million [7] - Adjusted EBITDA was $217.2 million, up 6.8% year over year, with an operating margin of 24.7%, down 120 basis points [7] Balance Sheet and Cash Flow - Cash and cash equivalents at the end of Q2 fiscal 2025 were $130.2 million, up from $116 million at the end of fiscal 2024 [8] - Long-term debt increased to $2.12 billion from $2.10 billion at the end of fiscal 2024 [8] - Net cash generated from operating activities in the first six months of fiscal 2025 was $278.3 million, down 5.7% year over year [9] Dividend and Share Buyback - Dividends paid in the first six months of fiscal 2025 totaled $88.9 million, a 14.3% increase from $77.8 million in the previous year [10] - Treasury share purchases amounted to $146.3 million, significantly up from $7.9 million in the year-ago period [10] Future Outlook - For Q3 fiscal 2025, Nordson projects sales between $710 million and $750 million, with adjusted earnings expected to be between $2.55 and $2.75 per share [11]