Feb. 19 at 9:21 PM
$ROG Rogers Corporation reports Q4 adjusted EPS 46c vs. 60c last year
Reports Q4 revenue
$192.2M vs.
$204.6M last year. "Our results were consistent with our guidance expectations for the fourth quarter," stated Colin Gouveia, Rogers' President and CEO. "As anticipated, sales declined due to seasonally lower portable electronics sales and lower wireless infrastructure and industrial revenues. Despite macro and market challenges impacting full year sales, our focused efforts to deliver operations and procurement cost savings, optimize yields and drive throughput improvements helped mitigate the effect of the lower sales on gross margins.
These actions, combined with effective expense and working capital management, enabled us to generate solid cash flow and execute our capital allocation priorities. Many of our customers remain cautious about the timing of a recovery in the EV/HEV and industrial markets," said Gouveia. "In 2025, we continue to focus on securing new design wins, improving our cost structure and maintaining a strong balance sheet. We are executing on our commercial, innovation and manufacturing footprint priorities, and are confident that these actions will position Rogers to win when market conditions begin to improve."
