Rogers (ROG) Tops Q3 EPS by 13c, Misses on Revenue; Offers Q4 Guidance

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Rogers Corporation Reports Third Quarter 2024 Results

October 24, 2024 4:05 PM EDT

Improved Operating Margin Drives Further Earnings Growth

CHANDLER, Ariz.--(BUSINESS WIRE)-- Rogers Corporation (NYSE: ROG) today announced financial results for the third quarter of 2024.

"Third-quarter results were mixed with earnings that exceeded our guidance expectations and sales that were below the low end of our outlook, stated Colin Gouveia, Rogers' President and CEO. "The higher earnings resulted from our ongoing focus on operational improvements, improved product mix, and careful expense management. Sales for the quarter were lower than expected due to softer EV/HEV... More