Rogers (ROG) Tops Q2 EPS by 5c; Guides Q3 EPS Below Consensus
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Rogers Corporation Reports Second Quarter 2016 Results
August 8, 2016 4:20 PM EDTSecond quarter net sales of $157.5 million, down 3.4%; substantially all of the decline is due to the December 2015 divestiture of certain non-core assets Second quarter gross margin of 38.2%, up 100 basis points Second quarter operating margin of 11.9%, down 70 basis points; adjusted operating margin of 13.5%, down 110 basis points
