Rogers (ROG) Tops Q1 EPS by 14c, Q2 Guidance Misses
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Rogers Corporation Reports Strong Earnings and All-time Record Quarterly Sales for the First Quarter of 2015
April 29, 2015 4:01 PM EDTAll-time record net sales of $165.1 million, up 12.6%
Organic Growth of 3.2%, excluding unfavorable currency impact
of 4.3%
Acquisition contribution of 13.8% growth
EPS of $0.94 (non-GAAP), excluding discrete acquisition related
impacts of $0.22 per diluted share (GAAP EPS of $0.72)
Gross margin of 38.8% (non-GAAP), up 200 basis points (37.8% GAAP
gross margin)
Operating margin of 15.8% (non-GAAP), up 120 basis points (12.2%
GAAP operating margin)
Completed Arlon acquisition on January 22, 2015
ROGERS,... More
