NN, the industrial components supplier trading under the ticker NNBR, raised its full-year 2026 guidance ranges for net sales and adjusted EBITDA after reporting second-quarter results that beat Wall Street estimates. Revenue reached $128.7 million, a 19.3% year-over-year increase that topped the $116.1 million analyst consensus by 10.9%, while adjusted earnings of $0.11 per share crushed the $0.01 consensus estimate. Operating margin flipped to a positive 0.8% from negative 1.4% a year earlier, helping drive adjusted EBITDA to $17.94 million, a 13.9% margin that beat expectations by 29%, and free cash flow came in at $15.19 million versus a cash burn of $4.42 million in the prior-year period. Management lifted its full-year revenue guidance midpoint to $465 million from $460 million and set full-year adjusted EBITDA guidance at a midpoint of $60 million, ahead of the $56.5 million analyst consensus. Shares jumped 16% in the morning session on the news.
NN IncNN raised full-year 2026 guidance and beat Q2 revenue/earnings estimates, driving shares up 16%.
China Dvlp Bk Finl Leasing Co