The 2020 Mid-Year Economic Update_long

NN Sales Up 5.4% in 2Q

Year-to-date sales increased 6 percent year-over-year.

Bearings manufacturer NN Inc. (NASDAQ: NNBR), Johnson City, TN, reported second quarter sales of $225.9 million, a 5.4 percent increase over the same period a year ago. The company reported a loss of $21.5 million for the quarter, down from a profit of $2 million the prior year.

For the first six months, sales were $452.2 million, a year-over-year increase of 6 percent. The company reported a loss of $14.1 million, compared to a profit of $732,000 the prior year.

 

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