NNBR

In April 2026, NN, Inc. announced preliminary Q1 2026 net sales were expected to exceed annual guidance, driven by strong new business in Electric Grid and Data Center markets, leading to a raised full-year guidance for new business wins. In March 2026, the company secured multiple new awards with a leading global AI infrastructure and data center computing equipment provider for liquid-cooled systems and acquired large-scale automated plating operations to support growth in these markets. June 2026 saw significant new awards for NVIDIA data center components, with revenue expected in the second half of 2026 and beyond. In July 2026, the company achieved a major breakthrough in its Medical Products business, becoming a qualified supplier and receiving initial purchase orders for components used in a leading robotic-assisted surgery platform. August 2026 brought strong Q2 2026 results, beating EPS and revenue estimates, prompting a raise in full-year guidance for sales and adjusted EBITDA, alongside the completion of a $124 million refinancing transaction to address preferred stock and reduce annual interest expenses. In September 2026, NN, Inc. further raised its full-year 2026 guidance ranges for Net Sales and Adjusted EBITDA, citing strong demand in Data Center, Defense & Electronics, and Medical markets. Finally, in October 2026, the company announced a $50 million net private placement of common stock and pre-funded warrants, which subsequently funded the elimination of all its remaining preferred stock, significantly deleveraging the company.