Date: 2013-08-01

NN, INC. REPORTS SECOND QUARTER AND SIX MONTHS 2012 RESULTS

•Net sales of $98.8 million for the second quarter down 10.7% in local currency from the second quarter of 2011.
•Normalized net income for the second quarter of $5.9 million, or $0.35 per diluted share, down $0.2 million, or $0.01 per diluted share from the same period in 2011.
•Normalized six months net income of $12.6 million, or $0.74 per diluted share, represents an earnings record.
•Weakness in Europe and Asia expected to continue into the second half of 2012.
•Full year revenue outlook lowered to $390 million - $400 million from $415 million - $425 million previously forecast.


NN, Inc. (NASDAQ: NNBR) yesterday reported its financial results for the period ended June 30, 2012. Net sales for the second quarter of 2012 decreased $17.1 million, or 14.7% to $98.8 million, compared to net sales of $115.9 million for the second quarter of 2011. Approximately $16.3 million of this decrease was due to lower demand for Company

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