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Stock impact report

Rogers Corporation Reports Third Quarter 2018 Results

Rogers Corporation (ROG) 
Last rogers corporation earnings: 4/30 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investors.rogers.com
Company Research Source: Business Wire
Rogers Delivers Record Revenue with Strong Sequential Earnings Performance CHANDLER, Ariz.--(BUSINESS WIRE)-- Rogers Corporation (NYSE:ROG) today announced financial results for the 2018 third quarter. The Company reported 2018 third quarter net sales of $226.9 million, which was within the Company's previously announced guidance of $220 to $230 million. Q3 2018 net sales increased $12.2 million (+5.7%) over Q2 2018 net sales and $20.1 million (+9.7%) over Q3 2017 net sales. Currency exchange rates negatively impacted 2018 third quarter net sales by $4.2 million compared to the 2018 second quarter but had favorable impact of $0.8 million on 2018 third quarter revenues compared to the 2017 third quarter. Gross margin was 34.9% in the third quarter of 2018, compared to 35.7% in the second quarter of 2018 and 39.7% in the third quarter of 2017. Q3 2018 gross margin was lower than o Show less Read more
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