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Rogers Raises Q3 Guidance 13-15%

Written by Administrator
Friday, 12 October 2007
ROGERS, CT – Rogers Corp., manufacturer of high-performance specialty materials, today upped its third-quarter guidance 13 to 15%. The company now projects net sales of between $109 million and $110 million, compared to the Aug. 6 guidance of $94 million to $97 million. President and CEO Robert D. Wachob commented, “Sales in the custom electrical components segment are approximately 25% above our previous forecast. The volume of orders from one large cellphone program … was much higher than expected.” The company expects to report its third-quarter results during the first week of November.

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