Rogers

Rogers Corp. engages in the design, development, manufacture, and sale of engineered materials and components for mission critical applications. It operates through the following segments: Advanced Electronics Solutions (AES) and Elastomeric Material Solutions (EMS), and Other. The AES segment offers manufactures and sells circuit materials, ceramic substrate materials, busbars and cooling solutions for applications in electric and hybrid electric vehicles, wireless infrastructure, automotive, telematics and thermal solutions, aerospace and defense, mass transit, clean energy, connected devices and wired infrastructures. The EMS segment comprises elastomeric material solutions for critical cushioning, gasketing and sealing, impact protection, and vibration management applications. The Other segment consists elastomer components for applications in ground transportation, office equipment, consumer and other markets. The company was founded by Peter Rogers in 1832 and is headquartered in Chandler, AZ.

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Earnings data Q4 2024

Rogers Corp reports Q4 growth in key markets, addresses challenges

Rogers Corporation's Q4 2022 performance showed growth in key markets like EV, ADAS, and clean energy, despite challenges in sales and gross margin. The company is strategically focusing on improving profitability through workforce reduction and divestments while capitalizing on growth opportunities in various sectors. With a commitment to productivity and long-term growth, Rogers aims to navigate market challenges and drive success.

Rogers Corp reports strong Q1 growth, eyes margin improvement

Rogers Corporation delivered solid Q1 performance with sales growth, exceeding gross margin targets, and resilient adjusted earnings.
While facing challenges in operating profit and narrower Q2 guidance ranges, the company remains focused on strategic priorities and improvements.
Opportunities lie in market growth areas, cost structure enhancements, and operational improvements for future financial success.

Rogers Corp surpasses Q2 expectations, eyes EV market growth

Rogers Corporation showcased strong financial performance in Q2, with improved gross margin and earnings exceeding guidance.
The company's strategic initiatives include talent additions, sustainability commitments, and expansion plans in key markets like China.
While facing challenges in certain sales segments, Rogers is well-positioned to leverage opportunities in the EV market and drive future growth.

Rogers Corp surpasses Q3 expectations, eyes EV market growth

Rogers Corporation demonstrated resilience in Q3 with strong financial performance and strategic initiatives in the EV market. While facing challenges in certain sectors, the company is poised for growth through innovation, design wins, and operational efficiency.

Rogers faces Q4 headwinds, extends targets amidst industry challenges

Rogers navigated challenging macroeconomic conditions in Q4, impacting sales and margins across industrial and electronics segments.
The company remains focused on cost improvement, operational excellence, and securing design wins to drive growth amidst industry challenges.
Optimism for a potential recovery in the middle of the year, with ongoing investments and scenario planning to support future initiatives.
Strong operating cash flow and CapEx investments provide a foundation for growth, with a keen focus on productivity improvements and cost control.

Rogers Corp reports strong Q1 performance, eyes innovation for growth

Rogers Corporation's Q1 2024 showed solid performance with sales meeting guidance and adjusted EPS above midpoint, focusing on profitability improvements and innovation initiatives.
While facing challenges like excess inventory and market slowdowns, the company aims to stabilize gross margins, manage costs, and explore growth opportunities through strategic investments.
With a strong balance sheet, debt paid off, and active M&A pipeline, Rogers is poised for growth by leveraging innovation, operational improvements, and strategic acquisitions.

Rogers Corp reports solid Q2 performance amidst strategic initiatives

Rogers Corporation's Q2 2024 performance was solid, with improvements in gross margin and partnerships in key markets.
While facing challenges in certain product segments, the company is strategically positioning itself for future growth.
Opportunities lie in cost reduction initiatives, innovation focus, and expanding partnerships for sustainable growth.

Rogers Corp reports mixed Q3 results, focuses on growth opportunities

Rogers Corporation delivered mixed Q3 results with strong earnings but lower revenues.
While facing challenges in industrial and portable electronics sales, growth opportunities exist in specific segments.
The company aims to enhance sales, manage costs, and drive profitability to navigate market challenges.

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Rogers Corp. engages in the design, development, manufacture, and sale of engineered materials and components for mission critical applications. It operates through the following segments: Advanced Electronics Solutions (AES) and Elastomeric Material Solutions (EMS), and Other. The AES segment manufactures and sells circuit materials, ceramic substrate materials, busbars and cooling solutions for applications in electric and hybrid electric vehicles, wireless infrastructure, automotive, telematics and thermal solutions, aerospace and defense, mass transit, clean energy, connected devices and wired infrastructures. The EMS segment consists of elastomeric material solutions for critical cushioning, gasketing and sealing, impact protection, and vibration management applications. The Other segment consists of elastomer components for applications in ground transportation, office equipment, consumer and other markets. The company was founded by Peter Rogers in 1832 and is headquartered in Chandler, AZ.

Rogers Corporation (NYSE:ROG ) Q4 2022 Results Conference Call February 28, 2023 5:00 PM ET Company Participants Steve Haymore - Director, Investor Relations Colin Gouveia - President and CEO Ram Mayampurath - Senior Vice President and Chief Financial Officer Conference Call Participants Daniel Moore - CJS Securities Craig Ellis - B. Riley Securities Operator Good afternoon.

Rogers Corporation (ROG) Q4 2022 Earnings Call Transcript

CHANDLER, Ariz.--(BUSINESS WIRE)--Rogers Corporation (NYSE:ROG) today announced financial results for the full year and fourth quarter of 2022. “Rogers continues to execute on its profitability improvement plans and navigate the challenging macroeconomic environment as we focus on our growth strategy," said Colin Gouveia, Rogers' President and CEO.

Rogers Corporation Reports Fourth Quarter and Full Year 2022 Results

CHANDLER, Ariz.--(BUSINESS WIRE)--Rogers Corporation (NYSE:ROG) (“Rogers” or the “Company”) today announced that it has entered into an agreement (the “Agreement”) with Starboard Value LP (together, with certain of its affiliates “Starboard”) regarding the composition of Rogers' Board of Directors (the “Board'), among other things. Starboard is an investment firm that owns approximately 6.5% of Rogers' outstanding common stock.

Rogers Announces Agreement with Starboard Value

CHANDLER, Ariz.--(BUSINESS WIRE)--Rogers Corporation (NYSE:ROG) (“Rogers”) today announced additional actions to improve the Company's cost structure, streamline operations and drive significant improvements in operating margin for 2023. “As we navigate the current challenging market environment, Rogers remains committed to taking decisive action to lower costs and improve profitability.

Rogers Announces Additional Actions to Streamline Operations and Increase Operating Margin

In December, Starboard nominated four directors for election to the board at materials company Rogers.

Starboard nominates directors to the board at Rogers. Here's how the firm could boost margins

CHANDLER, Ariz.--(BUSINESS WIRE)--Rogers Corporation (NYSE:ROG) (“Rogers”) plans to announce fourth quarter and full year 2022 results on February 28 after market close, which will be followed by a conference call at 5:00 pm ET. The call will be hosted by R. Colin Gouveia, President and Chief Executive Officer, who will be joined by Ram Mayampurath, Senior Vice President and Chief Financial Officer.

Rogers Schedules Fourth Quarter 2022 Earnings Call for February 28

My last article on Rogers Corporation was about a look at an undervalued business after a failed M&A. The market pushed the company down to unrealistic levels. My stance was "BUY" - and the result, as expected, was market outperformance in a short time.

Rogers Corporation: I Bought, Did You?

CHANDLER, Ariz.--( BUSINESS WIRE )--Rogers Corporation (NYSE:ROG) (“Rogers”) today announced the appointment of Larry Schmid as Senior Vice President, Global Operations and Supply Chain. In this role, Mr. Schmid will direct the operational and supply chain organizations across Rogers' global operations, including in the U.S, China, Belgium, Germany, England, South Korea and Hungary. He will also implement Rogers' ongoing operational excellence initiatives to improve financial performance.

Rogers Appoints Senior Vice President of Global Operations and Supply Chain

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CHANDLER, Ariz.--( BUSINESS WIRE )--Rogers Corporation (NYSE:ROG) announced that senior management will participate in the CJS Securities 23rd Annual New Ideas for the New Year Conference, today Wednesday, January 11, 2023.

Rogers to Participate in CJS Securities Investor Conference

CHANDLER, Ariz.--( BUSINESS WIRE )--Rogers Corporation (NYSE:ROG) (“Rogers”) today announced that it will hold a conference call for analysts and investors on December 8, 2022 at 4:30 pm ET. The Company will discuss its growth opportunities, year-to-date performance, capital allocation priorities and other aspects of the business. The call will be hosted by Bruce Hoechner, President and CEO, Colin Gouveia, SVP and General Manager of the Elastomeric Material Solutions business unit and Ram Mayampurath, SVP and CFO. As previously announced Mr. Hoechner has decided to retire, effective December 31, 2022. The Rogers Board of Directors plans to appoint Mr. Gouveia to succeed him.

Rogers To Hold Investor Conference Call On December 8, 2022

CHANDLER, Ariz.--( BUSINESS WIRE )--Rogers Corporation (NYSE:ROG) (“Rogers”) today announced that Bruce D. Hoechner, President and Chief Executive Officer, has decided to retire, effective December 31, 2022. The Rogers Board of Directors plans to appoint Colin Gouveia, Senior Vice President and General Manager of Rogers' Elastomeric Material Solutions (EMS) business unit, to succeed him. To support a smooth transition process, Mr. Hoechner will remain as a member of the Board of Directors and act in an advisory capacity at the Company until March 31, 2023.

Rogers Announces Leadership Transition

The Rogers deal with DuPont fell through last week, leading to a massive share price drop of close to 50% to the company's previous valuation. Some are saying it's a massive overreaction. Others are saying Rogers is rudderless and should be avoided. What is the truth?

Rogers: Why The Company Is Worth More Than $100 After Third-Quarter Results

Rogers Corporation Reports Third Quarter 2022 Results

DuPont de Nemours

Investors are really taking the cancellation of the DuPont deal hard.

Why Rogers Stock Tanked Again on Thursday

Rogers Announces Termination of Merger Agreement with DuPont

Chemicals giant DuPont was waiting for one final regulatory approval of its pending Rogers buyout, but that hurdle was never cleared.

Why Rogers Stock Crashed Hard Today

Rogers Corporation (NYSE: ROG ) stock is falling hard on Wednesday following confirmation that DuPont (NYSE: DD ) no longer plans to acquire the company. Several sources reported on the dead deal this morning before Rogers Corporation confirmed it with its own statement.

Why Is Rogers Corporation (ROG) Stock Down 44% Today?

The deal was among several aimed to position company for growth.

DuPont Scraps Deal to Buy Rogers After Failing to Win Regulatory Clearance

Rogers Corp. ROG, -2.48% stock fell 42% to $96.49 in premarket trades on Wednesday after it received a termination notice from DuPont de Nemours Inc. DD, +2.62% for its $5 billion acquisition of the engineered materials company. Rogers said it's "evaluating all options" to determine its best path forward.

Rogers stock drops sharply after DuPont walks away from purchasing the company

Rogers Issues Statement Regarding DuPont's Notice of Termination of Merger Agreement

DuPont's acquisition of Rogers was terminated. 'The companies have been unable to obtain timely clearance from all the required regulators," DuPont says.

DuPont Ends Rogers Acquisition. Blame China.

DuPont de Nemours Inc. DD, +2.62% said late Tuesday it has ended its deal to buy Arizona-based engineered-materials maker Rogers Corp. as the companies could not get "timely clearance" from all the required regulators. DuPont is paying Rogers a termination fee of $162.5 million in accordance with the agreement.

Dupont ends $5.2 billion deal to buy Rogers Corp.

Chemicals maker DuPont De Nemours Inc said on Tuesday it was terminating its $5.2 billion buyout of Rogers Corp as they were unable to obtain timely regulatory clearances for the deal.

DuPont pulls the plug on $5.2 bln buyout of Rogers on clearance issues

WILMINGTON, Del. , Nov. 1, 2022 /PRNewswire/ -- DuPont (NYSE: DD) today announced the termination of the previously announced agreement 1  to acquire the outstanding shares of Rogers Corporation, as the companies have been unable to obtain timely clearance from all the required regulators.

News for Rogers Stock (ROG)