Rogers (ROG) Tops Q2 EPS by 23c, Revenues Miss; Offers 3Q EPS Mid-Point Guidance Below Consensus, 3Q Revenue Guidance Below Consensus

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Go back to Rogers (ROG) Tops Q2 EPS by 23c, Revenues Miss; Offers 3Q EPS Mid-Point Guidance Below Consensus, 3Q Revenue Guidance Below Consensus

Rogers Corporation Reports Second Quarter 2020 Results

July 30, 2020 4:09 PM EDT

Operational Performance Drives Strong Profitability

CHANDLER, Ariz.--(BUSINESS WIRE)-- Rogers Corporation (NYSE: ROG) today announced financial results for the second quarter of 2020.

As the result of strong operational performance and favorable product mix, second quarter gross margin and adjusted earnings per share exceeded the top end of our guidance expectations, stated Bruce D. Hoechner, Rogers' President and CEO. These solid results were driven by continued progress on our cost improvement roadmap, including timely actions in response to the challenging macro-environment. In the near-term our... More