NN: 1Q Earnings Snapshot
CHARLOTTE, N.C. (AP) _ NN Inc. (NNBR) on Thursday reported a loss of $248.2 million in its first quarter.
On a per-share basis, the Charlotte, North Carolina-based company said it had a loss of $5.96. Earnings, adjusted for one-time gains and costs, were 1 cent per share.
The industrial parts maker posted revenue of $199.7 million in the period.
The company’s shares closed at $2.73. A year ago, they were trading at $9.12.