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Stock impact report

Rogers Corporation Reports First Quarter 2024 Results [Yahoo! Finance]

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: Yahoo! Finance
"We are encouraged by the improving demand that we saw in the first quarter, which resulted in sales near the top end of our guidance expectations," stated Colin Gouveia, Rogers' President and CEO. "Aerospace and defense sales were strong in the first quarter and after a prolonged downturn, the outlook for the general industrial market is improving with lower customer inventory levels and positive order trends. We expect overall sales to improve further in the coming quarters, tempered by some markets which continue to face near-term inventory challenges. We remain intently focused on driving improved profitability and cash flow, while also ensuring we are positioned to grow as demand strengthens." Financial Overview GAAP Results (dollars in millions, except per share amounts) Q1 2024 Q4 2023 Q1 2023 Net Sales Gross Margin Operating Margin Net Income (Loss) Net Income (Loss) Margin Diluted Earnings (Loss) Per Share Net Cash Provided by Operating Activities N Show less Read more
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