Rogers Corporation Reports Third Quarter 2024 Results
Rogers Corporation (ROG)
Last rogers corporation earnings: 4/30 04:05 pm
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Source: Business Wire
Improved Operating Margin Drives Further Earnings Growth CHANDLER, Ariz.--(BUSINESS WIRE)--Rogers Corporation (NYSE:ROG) today announced financial results for the third quarter of 2024."Third-quarter results were mixed with earnings that exceeded our guidance expectations and sales that were below the low end of our outlook,” stated Colin Gouveia, Rogers' President and CEO. "The higher earnings resulted from our ongoing focus on operational improvements, improved product mix, and careful expense management. Sales for the quarter were lower than expected due to softer EV/HEV demand and a lower seasonal peak in portable electronics sales. Looking ahead to the fourth quarter, we expect sales to decline due to typical seasonality and deferred ordering as customers manage year-end inventory levels. We continue to execute our focused strategy to position Rogers for the long-term, as highlighted by the ribbon-cutting ceremony at our new power substrate factory in China, which is targeted
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ROG
Earnings
- 10/24/24 - Beat
ROG
Sec Filings
- 11/12/24 - Form 4
- 11/12/24 - Form SC
- 11/8/24 - Form 144
- ROG's page on the SEC website