Rogers Corp. Reports Q4 Loss, Provides Q1 Guidance
Chandler, Ariz. - Rogers Corp. (ROG) today announced a Q4 loss of $500,000, resulting in a per-share loss of 3 cents. Adjusted for non-recurring costs, earnings were 46 cents per share. The specialty materials company generated revenue of $192.2 million during the quarter.
For the fiscal year, Rogers Corp. reported a profit of $26.1 million, or $1.40 per share, on revenue of $830.1 million.
Looking ahead, the company expects per-share earnings between 10 and 40 cents in Q1. Revenue is projected to range from $180 million to $195 million.