secwatch.observer — SEC 8-K summary
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Issuer:     ROGERS CORP (ROG)
CIK:        0000084748
Form:       8-K
Filed at:   2022-02-22T23:59:59+00:00
Accession:  0000084748-22-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rogers Corp reports record FY2021 revenue $932.9M, EPS $5.73; Q4 miss on supply chain; DuPont deal progresses
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- FY2021 net sales $932.9M (+16.2% YoY); GAAP EPS $5.73 (vs $2.67); adjusted EPS $7.20 (vs $5.08).
- Q4 net sales $230.5M (-3.3% QoQ); GAAP EPS $1.22 (down from $1.33); adjusted EPS $1.92 (up from $1.64).
- Gross margin in Q4 fell to 33.9% from 38.5% QoQ due to supply constraints and higher costs.
- EV/HEV market sales drove growth; component shortages tempered demand across segments.
- DuPont acquisition at $277/share cash, approved by shareholders, expected close Q2 2022, no guidance provided.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/84748/000008474822000016/0000084748-22-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/84748/000008474822000016/rog-20220222.htm
  HTML page:      https://secwatch.observer/filing/0000084748-22-000016

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