Latest news with #AliElHaj
Yahoo
31-07-2025
- Business
- Yahoo
Rogers's (NYSE:ROG) Q2 Sales Top Estimates, Quarterly Revenue Guidance Slightly Exceeds Expectations
Engineered materials manufacturer Rogers (NYSE:ROG) reported Q2 CY2025 results topping the market's revenue expectations , but sales fell by 5.3% year on year to $202.8 million. Guidance for next quarter's revenue was better than expected at $207.5 million at the midpoint, 0.9% above analysts' estimates. Its non-GAAP profit of $0.34 per share was 32% below analysts' consensus estimates. Is now the time to buy Rogers? Find out in our full research report. Rogers (ROG) Q2 CY2025 Highlights: Revenue: $202.8 million vs analyst estimates of $198.8 million (5.3% year-on-year decline, 2% beat) Adjusted EPS: $0.34 vs analyst expectations of $0.50 (32% miss) Adjusted EBITDA: $23.9 million vs analyst estimates of $25 million (11.8% margin, 4.4% miss) Revenue Guidance for Q3 CY2025 is $207.5 million at the midpoint, above analyst estimates of $205.7 million Adjusted EPS guidance for Q3 CY2025 is $0.70 at the midpoint, below analyst estimates of $0.84 Operating Margin: -33.3%, down from 5.9% in the same quarter last year Free Cash Flow Margin: 2.8%, down from 4.1% in the same quarter last year Market Capitalization: $1.23 billion "As anticipated, second quarter sales increased sequentially due to incremental improvements across most end markets,' stated Ali El-Haj, Rogers' Interim President and CEO. Company Overview With roots dating back to 1832, making it one of America's oldest continuously operating companies, Rogers (NYSE:ROG) designs and manufactures specialized engineered materials and components used in electric vehicles, telecommunications, renewable energy, and other high-performance applications. Revenue Growth Examining a company's long-term performance can provide clues about its quality. Any business can put up a good quarter or two, but the best consistently grow over the long haul. With $795.8 million in revenue over the past 12 months, Rogers is a small player in the business services space, which sometimes brings disadvantages compared to larger competitors benefiting from economies of scale and numerous distribution channels. As you can see below, Rogers struggled to increase demand as its $795.8 million of sales for the trailing 12 months was close to its revenue five years ago. This shows demand was soft, a rough starting point for our analysis. We at StockStory place the most emphasis on long-term growth, but within business services, a half-decade historical view may miss recent innovations or disruptive industry trends. Rogers's recent performance shows its demand remained suppressed as its revenue has declined by 8.3% annually over the last two years. This quarter, Rogers's revenue fell by 5.3% year on year to $202.8 million but beat Wall Street's estimates by 2%. Company management is currently guiding for a 1.3% year-on-year decline in sales next quarter. Looking further ahead, sell-side analysts expect revenue to grow 2.4% over the next 12 months. Although this projection suggests its newer products and services will fuel better top-line performance, it is still below the sector average. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Operating Margin Operating margin is a key measure of profitability. Think of it as net income - the bottom line - excluding the impact of taxes and interest on debt, which are less connected to business fundamentals. Rogers was profitable over the last five years but held back by its large cost base. Its average operating margin of 7.1% was weak for a business services business. Looking at the trend in its profitability, Rogers's operating margin decreased by 21.2 percentage points over the last five years. Rogers's performance was poor no matter how you look at it - it shows that costs were rising and it couldn't pass them onto its customers. This quarter, Rogers generated an operating margin profit margin of negative 33.3%, down 39.2 percentage points year on year. This contraction shows it was less efficient because its expenses increased relative to its revenue. Earnings Per Share Revenue trends explain a company's historical growth, but the long-term change in earnings per share (EPS) points to the profitability of that growth – for example, a company could inflate its sales through excessive spending on advertising and promotions. Sadly for Rogers, its EPS declined by 15.3% annually over the last five years while its revenue was flat. This tells us the company struggled because its fixed cost base made it difficult to adjust to choppy demand. Diving into the nuances of Rogers's earnings can give us a better understanding of its performance. As we mentioned earlier, Rogers's operating margin declined by 21.2 percentage points over the last five years. This was the most relevant factor (aside from the revenue impact) behind its lower earnings; interest expenses and taxes can also affect EPS but don't tell us as much about a company's fundamentals. Like with revenue, we analyze EPS over a more recent period because it can provide insight into an emerging theme or development for the business. For Rogers, its two-year annual EPS declines of 40.1% show it's continued to underperform. These results were bad no matter how you slice the data. In Q2, Rogers reported adjusted EPS at $0.34, down from $0.69 in the same quarter last year. This print missed analysts' estimates. Over the next 12 months, Wall Street expects Rogers's full-year EPS of $2.05 to grow 37.3%. Key Takeaways from Rogers's Q2 Results It was encouraging to see Rogers beat analysts' revenue expectations this quarter. We were also glad its revenue guidance for next quarter slightly exceeded Wall Street's estimates. On the other hand, its EPS guidance for next quarter missed and its EPS fell short of Wall Street's estimates. Overall, this was a weaker quarter. The stock traded down 2.7% to $63.80 immediately following the results. Rogers's earnings report left more to be desired. Let's look forward to see if this quarter has created an opportunity to buy the stock. When making that decision, it's important to consider its valuation, business qualities, as well as what has happened in the latest quarter. We cover that in our actionable full research report which you can read here, it's free. Sign in to access your portfolio
Yahoo
17-07-2025
- Business
- Yahoo
Rogers Corporation Schedules Second Quarter 2025 Earnings Call for July 31
CHANDLER, Ariz., July 17, 2025--(BUSINESS WIRE)--Rogers Corporation (NYSE:ROG) ("Rogers") plans to announce second quarter 2025 results on July 31, 2025 after market close, which will be followed by a conference call at 5:00 pm ET. The call will be hosted by Ali El-Haj, Interim President and Chief Executive Officer, who will be joined by Laura Russell, Senior Vice President and Chief Financial Officer. A live webcast of the event and related slide presentation can be accessed on Rogers' Investor Relations website at A replay of the event will also be available on the Investor Relations' website. About Rogers CorporationRogers Corporation (NYSE:ROG) is a global leader in engineered materials to power, protect and connect our world. Rogers delivers innovative solutions to help our customers solve their toughest material challenges. Rogers' advanced electronic and elastomeric materials are used in applications for EV/HEV, automotive safety and radar systems, mobile devices, renewable energy, wireless infrastructure, energy-efficient motor drives, industrial equipment and more. Headquartered in Chandler, Arizona, Rogers operates manufacturing facilities in the United States, Asia and Europe, with sales offices worldwide. View source version on Contacts Investor contact: Steve HaymorePhone: 480.917.6026Email: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-07-2025
- Business
- Yahoo
Rogers Corporation Announces CEO Transition
Rogers launches a search for permanent CEO and names Ali El-Haj as interim leader CHANDLER, Ariz., July 14, 2025--(BUSINESS WIRE)--The Board of Directors of Rogers Corporation (NYSE: ROG) today announced that Colin Gouveia has left his position as President and CEO and has resigned from the Board on July 12, 2025. Ali El-Haj has been named the company's interim President and CEO. Mr. El-Haj brings global leadership experience in key Rogers markets and is well-positioned to advance the company's strategic direction during this transition. "Ali is an accomplished global leader with extensive experience in technical sectors and a strong track record of executing strategy in lean, high-performance environments," said Peter Wallace, Chair of the Rogers Board of Directors. "This transition also marks a shift to simplify our operating model to enable greater agility and focus. Rogers has a clear strategy, a talented management team and a proven legacy of innovation for customers. We are confident in the team's ability to safely deliver long-term value for our customers, employees and shareholders." "The Rogers Board of Directors will conduct a robust search to select a permanent leader— as the company enters its next phase of growth and innovation. The search will consider internal and external candidates," added Mr. Wallace. Mr. El-Haj is a seasoned CEO with over 30 years of international experience leading growth, turnarounds, and strategic expansion in the automotive and manufacturing industries. Most recently, he guided Techniplas, a Tier 1 supplier, through multiple acquisitions, complex COVID-19 supply chain challenges, and securing several contracts with European OEMs. Prior to that, Mr. El-Haj served as President and CEO of CAP-CON Automotive Technologies, where he expanded Casco Products into a global leader in sensor and connectivity systems, and simultaneously led ARC Automotive through a major turnaround. Mr. El-Haj holds a master's degree in physics/quantum mechanics from the University of Connecticut and a bachelor's degree in electrical and computer engineering from the University of Bridgeport. "I am honored to lead the Rogers organization at such a pivotal time in its journey," said Mr. El-Haj. "I look forward to working closely with the executive leadership team, employees around the world and the Board of Directors to execute with excellence on our strategic plan. Together, we will drive innovation, enhance our operational discipline and execute where it matters for our customers, creating the engineered materials that move the world forward." "On behalf of the Board of Directors and the employees at Rogers, I would like to thank Colin for his leadership and contributions to the organization. We wish him well in his future endeavors," said Mr. Wallace. About Rogers Corporation Rogers Corporation (NYSE: ROG) is a global leader in engineered materials to power, protect, and connect the world. With more than 185 years of materials science and process engineering expertise, Rogers delivers high-performance solutions for EV/HEV, advanced electronics, aerospace and defense, and industrial markets. Headquartered in Chandler, Arizona (USA), Rogers operates manufacturing facilities in the United States, China, Germany, Hungary, Belgium, and South Korea, with sales offices worldwide. View source version on Contacts Steve HaymorePhone: 480-917-6026 Email: Media Contact: Email: corpcom@
