NN, Inc. Announces Another Strong Quarter of New Business Awards at $17.2 million in Q1 2024

April 8, 2024

https://www.globenewswire.com/news-release/2024/04/08/2859567/0/en/NN-Inc-Announces-Another-Strong-Quarter-of-New-Business-Awards-at-17-2-million-in-Q1-2024.html

CHARLOTTE, N.C., April 08, 2024 (GLOBE NEWSWIRE) — NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today announced another strong quarter of new business wins, with $17.2 million in new business awards in the first quarter of 2024. NN continued its momentum from the second half of 2023, consistent with the company’s 2024 target of $55-$70 million of new business awards. Additionally, over 70% of the Q1 2024 awards have an immediate startup in 2024.

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