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Bearings manufacturer NN Inc. (NASDAQ: NNBR), Johnson City, Tennessee, reported first quarter sales $199.7 million, down 6.3% compared to $213.3 million for the first quarter of 2019, driven by a decrease in organic volume of $11.4 million, as a result of decreases in core volumes in the orthopaedic, automotive, and electrical end markets
The company reported a loss for the quarter of $248.2 million, compared to a loss of $19.5 million during the first quarter of 2019.