Rogers Raises Q3 Guidance 13-15%
Published: 12 October 2007
by Staff
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.
