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NN: 1Q Earnings Snapshot

CHARLOTTE, N.C. (AP) _ NN Inc. (NNBR) on Thursday reported a loss of $18.6 million in its first quarter.

The Charlotte, North Carolina-based company said it had a loss of 44 cents per share. Earnings, adjusted for one-time gains and costs, came to 20 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 16 cents per share.

The industrial parts maker posted revenue of $213.3 million in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $209.9 million.

NN shares have risen 34% since the beginning of the year. The stock has fallen 58% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NNBR at https://www.zacks.com/ap/NNBR