ROGERS, CT – Rogers reported third quarter net sales of $160.4 million, down 1.7% year-over-year.

The acquired Arlon business contributed $27.8 million of net sales, 17.1% of incremental net sales for the quarter.

The decline in quarterly net sales from the prior year negatively impacted overall operating performance, the firm says.

“Rogers’ earnings in the third quarter exceeded our guidance, despite weaker demand across our businesses. Sales were impacted by the general slowdown in global economies,” said Bruce D. Hoechner, president and CEO. “We are very pleased with the performance of the Arlon business, which has consistently exceeded our revenue and profit targets. Confidence remains positive in the medium to long-term in our key megatrend markets, and we believe the company is well-positioned to capitalize on the opportunities ahead when the global markets recover.”

Power Electronics Solutions brought in net sales of $36.6 million, down 21.3% year-over-year. Advanced Connectivity Solutions reported third quarter net sales of $66.2 million, up 4.4% year-over-year. Elastomeric Material Solutions posted net sales of $46.8 million, a 0.2% increase compared to third quarter 2014. Net sales of other products were $10.9 million, up 66.4% compared to the same period last year.

Rogers projects fourth quarter net sales between $145 million and $155 million.

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