Rogers Corporation (ROG)
Rogers Corporation (ROG) is a manufacturer specializing in advanced materials and components for electronic, electrical, and thermal management applications. The company develops innovative solutions used in industries such as aerospace, automotive, industrial, telecommunications, and consumer electronics, focusing on high-performance substrates, dielectric materials, and engineered composites.
Company News
United Steelworkers union Local 1944 is highlighting the wage disparity for Rogers technicians in Abbotsford, who are paid 10% less than colleagues in nearby cities. A viral video campaign has drawn attention to their strike, demanding equal pay for equal work.
Rogers Corporation reported mixed Q2 2025 financial results with revenue of $202.8 million beating estimates, but adjusted EPS of $0.34 missing expectations. The quarter was marked by a significant $67.3 million impairment charge for curamik power substrates and ongoing strategic challenges.
ASSA ABLOY, a global leader in access solutions, has acquired Roger Sp. z o.o. sp.k., a Polish manufacturer of electronic access control systems. The acquisition is expected to be accretive to ASSA ABLOY's earnings per share from the start.
Macroeconomic challenges are hurting the Zacks Electronics - Miscellaneous Components industry. However, industry participants like NOVT, OSIS, ROG and AMSC are set to gain from AI and IoT prospects.