NN, Inc. Reports Fourth Quarter & Full Year 2016 Results
NN, Inc., (NASDAQ: NNBR), a diversified industrial company, today reported its financial results for the fourth quarter and the year ended December 31, 2016.
Net sales for the fourth quarter of 2016 increased $18.2 million, or 10% to $202.0 million, compared to $183.9 million for the fourth quarter of 2015. Acquisitions, net of divestitures, added $11.6 million in revenue. Sales grew organically by $6.6 million.
On a GAAP basis, income ...