secwatch.observer — SEC 8-K summary
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Issuer:     ROGERS CORP (ROG)
CIK:        0000084748
Form:       8-K
Filed at:   2023-04-27T23:59:59+00:00
Accession:  0000084748-23-000045
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rogers Q1 sales $243.8M, GAAP loss $(0.19)/share; adj. EPS $0.87; Q2 guidance issued
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- Net sales $243.8M, up 9% sequentially, exceeding high end of guidance; AES +8.4%, EMS +9.1%.
- GAAP net loss $(3.5M), $(0.19) per diluted share; adjusted net income $16.2M, $0.87 per share.
- Gross margin 32.7% improved from 31.8% Q4; Q2 gross margin guided 33.5%-34.5%.
- Q2 2023 guidance: net sales $235-245M, non-GAAP EPS $0.95-$1.15.
- CEO cites improved ADAS, industrial, renewable energy demand; cost improvement plans on track.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/84748/000008474823000045/0000084748-23-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/84748/000008474823000045/rog-20230427.htm
  HTML page:      https://secwatch.observer/filing/0000084748-23-000045

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