Log in / Register
  • ENEPIG Corrosion Mechanisms

    ENEPIG Corrosion Mechanisms

    Different types of nickel corrosion and potential mitigation strategies.
      READ MORE...

  • The Future is Thin, Flat and Flexible

    The Future is Thin, Flat and Flexible

    What’s ahead for antennas, heaters and inks.
      READ MORE...

  • Royalty Flush

    Royalty Flush

    A noted solutions architect offers an audacious plan for AI acceptance. It just might work.
      READ MORE...

  • Rocking and Rolling at ZIW

    Rocking and Rolling at ZIW

    The annual user event was tuned into AI, but that’s not the only melody being played.
      READ MORE...

  • Can Thailand Pad its PCB Gains?

    Can Thailand Pad its PCB Gains?

    2023 saw only a handful of fabricators gain ground, but SE Asia is primed to boom.
      READ MORE...

Homepage Slideshow

Rogers Updates Guidance for Q4

Published: 13 January 2009
 by Staff
ROGERS, CT – Rogers Corp. has released updated guidance for the fiscal fourth quarter that ended December 31. Projected net sales fell to $78 million to $79 million, down from October figures of $88 million to $92 million.
 
Earnings per diluted share are projected to be $0.05 to $0.11; this includes nearly $0.38 per diluted share of charges associated with the CalAmp settlement.

“Based on what has been happening recently in the global economy, we expected at some point that our sales might contract,” said Robert Wachob, president and CEO. To prepare for leaner times, the company has kept inventories low and has plans to manage production to match incoming orders. It is also reporting $60 million in cash and no debt.
 
Despite the weak economy, Rogers plans to continue with new product development and introductions. “We believe that we can manage through the current economic situation and expect Rogers to be an even stronger company when this economic climate improves,” added Wachob.

Submit to FacebookSubmit to Google PlusSubmit to TwitterSubmit to LinkedInPrint Article