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Rogers ( (ROG) ) has shared an announcement.
On February 19, 2025, Rogers Corporation announced its financial results for the fourth quarter and full year 2024. The company reported a decline in sales due to seasonally lower portable electronics sales and decreased revenues in wireless infrastructure and industrial markets. Despite these challenges, Rogers managed to maintain solid cash flow through cost-saving measures and effective capital management. The company remains focused on securing new design wins and maintaining a strong balance sheet, with expectations of improved performance as market conditions recover.
More about Rogers
Rogers Corporation is a global leader in engineered materials used in applications such as EV/HEV, automotive safety and radar systems, mobile devices, renewable energy, wireless infrastructure, and industrial equipment. Headquartered in Chandler, Arizona, the company operates manufacturing facilities in the U.S., Asia, and Europe, with sales offices worldwide.
YTD Price Performance: -8.20%
Average Trading Volume: 122,550
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.69B
See more data about ROG stock on TipRanks’ Stock Analysis page.
