Sets 2025 target for revenue of $1.2B-$1.3B, revenue CAGR vs 2022 of 7%-10%, gross margin of 38%-40% and adjusted EBITDA Margin of 24%-26%. CEO Colin Gouveia stated, "We are excited to share Rogers’ strategy to achieve breakthrough growth and profitability over the next several years. We are well positioned in growing, diversified markets which are driven by key secular trends. Also, we have a proven track record of developing innovative materials technology solutions and applying our applications expertise to meet our customers’ complex challenges. As we continue to leverage these capabilities, together with our dedicated focus on improving operations, will expect this to lead to significant top-line growth and bottom-line expansion." .
Published first on TheFly
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- Rogers Corporation initiated with an Outperform at CJS Securities
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