NN Q3 2026 net loss narrows 31% to $4.6 million; Q3 2026 net sales rise 26% to $131.1 million
Bitget2026/10/28 21:01- NN’s third-quarter 2026 net loss narrowed 31% year over year to $4.6 million.
- Net sales climbed 26% to $131.1 million, primarily driven by higher selling prices, higher volumes and favorable foreign exchange effects.
- Operating loss widened to $3.3 million, primarily due to higher labor costs and professional fees.
- Annualized new business awards reached $130 million over the trailing 12 months ended September 30, 2026.
- Full-year 2026 net sales guidance rose to $480 million–$500 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Anthropic "accidentally" leaks IPO documents! Plans to raise $69.3 billion, valuation drops from 2 trillion to 1.3 trillion
Anthropic mistakenly published and then withdrew a prospectus for a planned $69.3 billion fundraising, with its valuation dropping from a peak of $2 trillion to between $1.1 trillion and $1.3 trillion.
Subaru Publishes Transcript of First-Half FYE 2027 Financial Results Presentation
Citi: Occidental Petroleum (OXY.US) Q3 cash flow surpasses expectations, accelerated debt repayment cannot hide concerns over Q4 output
Citi published a research report maintaining Occidental Petroleum's "Neutral" rating, with a target price of $65.
WikiLeaks Founder Julian Assange Welcomes Daughter With Terminator Quote