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MARKETS LIVE BLOG:

STOCKS CLIMB AT OPEN AS TSMC OUTLOOK EASES AI WORRIES

The contract chipmaker posted a 54% jump in quarterly profit to beat Wall Street estimates

Rogers Corp.: Q2 Earnings Snapshot

Associated Press Finance
·1 min read

CHANDLER, Ariz. (AP) — CHANDLER, Ariz. (AP) — Rogers Corp. (ROG) on Thursday reported earnings of $8.1 million in its second quarter.

On a per-share basis, the Chandler, Arizona-based company said it had profit of 44 cents. Earnings, adjusted for one-time gains and costs, were 69 cents per share.

The specialty materials company posted revenue of $214.2 million in the period.

For the current quarter ending in September, Rogers Corp. expects its per-share earnings to range from 75 cents to 95 cents.

The company said it expects revenue in the range of $215 million to $225 million for the fiscal third quarter.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ROG at https://www.zacks.com/ap/ROG