Rogers (NYSE:ROG) Posts Q4 Sales In Line With Estimates But Stock Drops
Advanced materials manufacturer Rogers (NYSE:ROG) met Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 6.1% year on year to $192.2 million. On the other hand, next quarter’s revenue guidance of $187.5 million was less impressive, coming in 6.3% below analysts’ estimates. Its non-GAAP profit of $0.46 per share was 5.7% above analysts’ consensus estimates.