NN, Inc. To Hold Fourth Quarter and Full Year 2022 Earnings Conference Call on Friday, March 10, 2023

Rhea-AI Summary

NN, Inc. (NASDAQ: NNBR) will announce its Q4 and full year 2022 financial results after market close on March 9, 2023. A conference call is scheduled for March 10 at 9:00 a.m. EDT, where participants need to register beforehand. The call will be webcast for broader audience participation via the company's website. NN, Inc. is a diversified industrial company specializing in high-precision components, operating in 31 facilities globally. The company warns of potential risks impacting its future performance, such as inflation, labor shortages, and supply chain disruptions.

Positive

• Scheduled announcement of Q4 and full year 2022 financial results, indicating transparency and commitment to shareholder communication.
• Webcast availability of the conference call allows broader accessibility for investors and stakeholders.

Negative

• Potential risks highlighted, including inflation, rising interest rates, and supply chain disruptions, which could materially affect future performance.

CHARLOTTE, N.C., Feb. 24, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a diversified industrial company, announced today that it will release its fourth quarter and full year 2022 financial results for the period ended December 2022 after the close of the market on Thursday, March 9, 2023. The company will hold a related conference call on Friday, March 10, 2023 at 9:00 a.m. EDT. Participants on the call are asked to register five to ten minutes prior to the scheduled start time by dialing 1-877-317-6789 and from outside the U.S. at 1-412-317-6789. Please use the conference identification number 10173910.

The conference call will be webcast simultaneously and in its entirety through the NN, Inc. website. Shareholders, media representatives, and others may participate in the webcast by registering through the Investor Relations section on the Company’s website at www.nninc.com.

For those who are unavailable to listen to the live call, a replay will be available shortly after the call on NN’s website through March 10, 2024.

About NN, Inc.

NN, Inc., a diversified industrial company, combines advanced engineering and production capabilities with in-depth materials science expertise to design and manufacture high-precision components and assemblies for a variety of markets on a global basis. Headquartered in Charlotte, North Carolina, NN has 31 facilities in North America, Europe, South America, and China.

Except for specific historical information, many of the matters discussed in this presentation may express or imply projections of revenues or expenditures, statements of plans and objectives or future operations or statements of future economic performance. These statements may discuss goals, intentions and expectations as to future trends, plans, events, results of operations or financial condition, or state other information relating to NN, Inc. based on current beliefs of management as well as assumptions made by, and information currently available to, management. Forward-looking statements generally will be accompanied by words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “forecast,” “guidance,” “intend,” “may,” “possible,” “potential,” “predict,” “project” or other similar words, phrases or expressions. Forward-looking statements involve a number of risks and uncertainties that are outside of management’s control and that may cause actual results to be materially different from such forward-looking statements. Such factors include, among others, general economic conditions and economic conditions in the industrial sector, including, but not limited to, inflation, rising interest rates and labor shortages; the impacts of the COVID-19 pandemic on the Company’s financial condition, business operations and liquidity; competitive influences; risks that current customers will commence or increase captive production; risks of capacity underutilization; quality issues; material changes in the costs and availability of raw materials; supply chain shortages and disruptions; economic, social, political and geopolitical instability, currency fluctuation, and other risks of doing business outside of the United States; our dependence on certain major customers, some of whom are not parties to long-term agreements (and/or are terminable on short notice); the impact of acquisitions and divestitures; the level of our indebtedness; the restrictions contained in our debt agreements; our ability to obtain financing at favorable rates, if at all, and to refinance existing debt as it matures; unanticipated difficulties integrating acquisitions or failing to recognize the expected benefits of divestitures; new laws and governmental regulations; the impact of climate change on our operations; cyber liability or potential liability for breaches of our or our service providers’ information technology systems or business operations disruptions; and other risk factors and cautionary statements listed from time-to-time in our period reports filed with the Securities and Exchange Commission. We disclaim any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements included herein or therein to reflect future events or developments.

For additional information concerning such risk factors and cautionary statements, please see the section titled “Risk Factors” in the Company’s periodic reports filed with the Securities and Exchange Commission, including, but not limited to, the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2021, the Company's Quarterly Report on Form 10-Q for the three months ended September 30, 2022, and when filed, the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022. Except as required by law, we undertake no obligation to update or revise any forward-looking statements we make in our press releases, whether as a result of new information, future events or otherwise.

FOR FURTHER INFORMATION:

Jeff Tryka, CFA
Investor Relations Contact
jtryka@lambert.com
(980) 264-4312

FAQ

When will NNBR announce its Q4 2022 financial results?

NN, Inc. will release its Q4 financial results on March 9, 2023.

What is the date and time of the NNBR conference call?

The conference call is set for March 10, 2023, at 9:00 a.m. EDT.

How can I participate in the NNBR earnings call?

Participants can join by registering via phone or online through the company's Investor Relations section.

What are the risks mentioned by NNBR in their press release?

The risks include inflation, supply chain disruptions, and labor shortages that may impact financial performance.