Rogers (ROG) Tops Q2 EPS by 5c
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July 29, 2015 4:01 PM EDT
Record second quarter net sales of $163.1 million, up 6.3%
Organic sales decline of 4.9%, excludes unfavorable currency
impact of 5.4%
Acquisition contribution of 16.5% growth
EPS of $0.67 (non-GAAP), excludes $0.02 per diluted share of
integration charges and a net favorable tax benefit of $0.06 per
diluted share related to discrete items (GAAP EPS of $0.71)
Gross margin of 37.1%, down 10 basis points
Operating margin of 12.9% (non-GAAP), up 230 basis points (GAAP
operating margin of 12.6%)
ROGERS,... More
July 29, 2015 1:58 PM EDT
High Performance Foams (HPF) renamed Elastomeric Material Solutions
(EMS) to better reflect a shift in focus on providing high
performance, engineered solutions across a range of applications
Printed Circuit Materials (PCM) renamed Advanced Connectivity
Solutions (ACS), representing its expansion into new areas of
RF/microwave and digital connectivity
ROGERS, Conn.--(BUSINESS WIRE)--
Rogers... More
