Rogers (ROG) Tops Q1 EPS by 17c

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Go back to Rogers (ROG) Tops Q1 EPS by 17c

Rogers Corporation Reports First Quarter 2023 Results

April 27, 2023 4:05 PM EDT

Improved Financial Performance Driven by Higher Demand and Cost Actions

CHANDLER, Ariz.--(BUSINESS WIRE)-- Rogers Corporation (NYSE: ROG) today announced financial results for the first quarter of 2023.

First quarter sales and gross margin exceeded the high end of our guidance as a result of improved market demand and continued execution of our cost improvement plans, stated Colin Gouveia, Rogers' President and CEO. Sales in the ADAS, general industrial and renewable energy markets all contributed to the higher revenue versus the prior quarter. While we are pleased with... More