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NN, Inc. To Hold Third Quarter 2020 Conference Call on Friday, November 6, 2020

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NN, Inc. (NASDAQ: NNBR) will release its third quarter 2020 financial results on November 5, 2020, after market close. Following this, a conference call will take place on November 6, 2020, at 9 a.m. ET for management to discuss the results. The call will be accessible live or via replay for 90 days on the company's website. NN, Inc. operates 30 facilities globally, specializing in high-precision components and assemblies for various markets. The company emphasizes that its future performance may be influenced by several risk factors, including economic conditions and impacts from the COVID-19 pandemic.

Positive
  • Scheduled release of third quarter financial results on November 5, 2020.
  • Management will provide insights during a conference call on November 6, 2020.
Negative
  • Potential risks due to the COVID-19 pandemic impacting financial condition and operations.
  • Dependence on major customers may pose a risk to future revenue stability.

CHARLOTTE, N.C., Oct. 29, 2020 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced that it will release third quarter 2020 financial results for the period ended September 30, 2020 after the close of the market on Thursday, November 5, 2020.

Management will hold a conference call at 9 a.m. ET on Friday, November 6, 2020 to review the Company's results. The call can be accessed live or as a replay at www.nninc.com. For those who are unavailable to listen to the live broadcast, a replay will be available shortly after the call for 90 days.

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 30 facilities in North America, Europe, South America, and China.

Except for specific historical information, many of the matters discussed in this press release may express or imply projections of revenues or expenditures, statements of plans and objectives or future operations or statements of future economic performance. These, and similar statements, are forward-looking statements concerning matters that involve risks, uncertainties and other factors which may cause the actual performance of NN, Inc. and its subsidiaries to differ materially from those expressed or implied by this discussion. All forward-looking information is provided by the Company pursuant to the safe harbor established under the Private Securities Litigation Reform Act of 1995 and should be evaluated in the context of these factors. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "assumptions", "target", "guidance", "outlook", "plans", "projection", "may", "will", "would", "expect", "intend", "estimate", "anticipate", "believe", "potential" or "continue" (or the negative or other derivatives of each of these terms) or similar terminology. Factors which could materially affect actual results include, but are not limited to: general economic conditions and economic conditions in the industrial sector, the impacts of the coronavirus (COVID-19) pandemic on the Company's financial condition, business operations and liquidity, inventory levels, regulatory compliance costs and the Company's ability to manage these costs, start-up costs for new operations, debt reduction, competitive influences, risks that current customers will commence or increase captive production, risks of capacity underutilization, quality issues, availability and price of raw materials, currency and other risks associated with international trade, the Company's dependence on certain major customers, and the successful implementation of the global growth plan including development of new products. Similarly, statements made herein and elsewhere regarding pending and completed transactions are also forward-looking statements, including statements relating to the future performance and prospects of an acquired business, the expected benefits of an acquisition on the Company's future business and operations and the ability of the Company to successfully integrate recently acquired businesses.

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, 2019 and the Company's Quarterly Report on Form 10-Q for the three months ended June 30, 2020. 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.

Cision View original content:http://www.prnewswire.com/news-releases/nn-inc-to-hold-third-quarter-2020-conference-call-on-friday-november-6-2020-301162235.html

SOURCE NN, Inc.

FAQ

When will NNBR release its third quarter 2020 financial results?

NNBR will release its financial results on November 5, 2020, after market close.

What time is the NNBR conference call scheduled for?

The conference call for NNBR is scheduled for 9 a.m. ET on November 6, 2020.

How can I listen to the NNBR conference call?

The conference call can be accessed live or as a replay on NN, Inc.'s website.

What are the main risks mentioned in the NNBR press release?

The main risks include economic conditions, potential COVID-19 impacts, and customer dependency.

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