secwatch.observer — SEC 8-K summary
======================================

Issuer:     ROGERS CORP (ROG)
CIK:        0000084748
Form:       8-K
Filed at:   2022-04-28T23:59:59+00:00
Accession:  0000084748-22-000023
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rogers Corp Q1 net sales $248.3M, EPS $0.87; reiterates DuPont merger timeline
------------------------------------------------------------------------------

- Q1 net sales $248.3M, up 7.7% sequentially; GAAP diluted EPS $0.87, adjusted EPS $1.53.
- Gross margin 34.4% (up from 33.9% Q4 but down from 39.0% YoY); adjusted EBITDA margin 19.0%.
- EMS sales +11.5% on EV/HEV and industrial; AES +4.7% on EV/HEV and ADAS; COVID impacts tempered growth.
- Pending DuPont acquisition at $277/share cash, expected close late Q2/early Q3 2022; no guidance provided.
- Cash flow from operations -$13.7M, capex $28.2M; cash $182.1M down $50.2M sequentially.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/84748/000008474822000023/0000084748-22-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/84748/000008474822000023/rog-20220428.htm
  HTML page:      https://secwatch.observer/filing/0000084748-22-000023

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer