earnings
confidence high
sentiment negative
materiality 0.85
Rogers Corp Q2 net loss $73.6M on $67.3M goodwill impairment; guides Q3 adjusted EPS $0.50-0.90
ROGERS CORP
2025-Q2 EPS reported
-$4.08
revenue$393,300,000
- Net sales $202.8M (+6.5% sequential); GAAP diluted EPS -$4.00; adjusted EPS $0.34 (+25.9% sequential).
- Recorded $67.3M non-cash goodwill impairment on AES curamik unit, plus $4.3M restructuring.
- Announced cost cuts for curamik business: >$13M annual savings; expects $12-20M restructuring charges mostly 2026.
- Q3 guidance: sales $200-215M, gross margin 31.5-33.5%, adjusted EPS $0.50-0.90.
- Repurchased $28.1M shares in Q2; cash $157.2M.
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