Latest News by Industry
CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — NN Inc. (NNBR) on Monday reported a loss of $20.5 million in its fourth quarter.
The Charlotte, North Carolina-based company said it had a loss of 50 cents per share. Losses, adjusted for non-recurring costs, were 10 cents per share.
The industrial parts maker posted revenue of $112.5 million in the period.
For the year, the company reported a loss of $50.2 million, or $1.35 per share. Revenue was reported as $489.3 million.
NN expects full-year revenue in the range of $485 million to $510 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NNBR at https://www.zacks.com/ap/NNBR