Q3 2025 Financial Performance - Net sales reached $216 million, an increase from $202.8 million in Q2 2025 [13] - Adjusted EBITDA increased to $37.2 million, compared to $23.9 million in Q2 2025 [13] - Adjusted EBITDA margin improved significantly to 17.2%, up from 11.8% in the previous quarter [6, 13] - Adjusted earnings per diluted share rose to $0.90, a substantial increase from $0.34 in Q2 2025 [13] Sales by End Market (Q3 2025) - Industrial sector accounted for 28% of sales, showing growth in all regions [12] - Aerospace & Defense (A&D) contributed 16% of sales, driven by North American commercial aerospace demand [12] - E-mobility represented 14% of sales, remaining consistent with the previous quarter [12] - Portable electronics accounted for 9% of sales, experiencing double-digit growth due to normal seasonality [12] Q4 2025 Guidance - The company projects net sales between $190 million and $205 million [23] - Gross margin is expected to be in the range of 30% to 32% [23] - Adjusted earnings per diluted share are forecasted to be between $0.40 and $0.80 [23]

Financial Performance - Net sales for Q3 2025 were $216.0 million, a 6.5% increase compared to Q2 2025[4] - Net income for Q3 2025 was $8.6 million, compared to a net loss of $(73.6) million in Q2 2025[3] - Adjusted earnings per diluted share were $0.90, compared to $0.34 in the prior quarter[5] - Total net sales for Q3 2025 were $216.0 million, an increase from $210.3 million in Q3 2024[20] - The company expects GAAP earnings per diluted share for Q4 2025 to be between $0.00 and $0.40, with adjusted earnings per diluted share guidance of $0.40 to $0.80[22] Sales Growth - Advanced Electronics Solutions (AES) net sales increased by 5.2%, driven by higher EV/HEV and wireless infrastructure sales[4] - Elastomeric Material Solutions (EMS) net sales rose by 8.7%, primarily from stronger portable electronics and aerospace sales[4] Margins and Efficiency - Gross margin improved to 33.5%, up 190 basis points sequentially[7] - Adjusted EBITDA for Q3 2025 was $37.2 million, an increase of 5.7% from $35.2 million in Q3 2024[19] - Adjusted EBITDA margin for Q3 2025 was 17.2%, up from 16.7% in Q3 2024, indicating improved operational efficiency[20] Cash Flow and Expenditures - Ending cash and cash equivalents increased to $167.8 million, up $10.6 million from the prior quarter[6] - Free cash flow for Q3 2025 was $21.2 million, a decrease of 15.9% from $25.2 million in Q3 2024[21] - Net cash provided by operating activities for Q3 2025 was $28.9 million, compared to $42.4 million in Q3 2024[21] - Capital expenditures for 2025 are expected to be between $30 million and $40 million[8] Future Projections - The company expects Q4 2025 net sales to be between $190 million and $205 million[8] - Projected gross margin for Q4 2025 is between 30.0% and 32.0%[8] Adjustments and Costs - Total adjustments to GAAP earnings per diluted share in Q3 2025 amounted to $0.41, primarily due to restructuring and related costs[17] - The company reported intangible amortization of $2.8 million in Q3 2025, slightly down from $3.1 million in Q3 2024[19]

Core Insights - Rogers Corporation is a significant player in the electronic and materials technology sector, operating through two main segments: Advanced Electronic Solutions and Elastomeric Material Solutions [1] Financial Performance - The company is set to release its quarterly earnings on October 29, 2025, with Wall Street anticipating an earnings per share (EPS) of $0.70 and revenue of approximately $207.5 million [2][6] - The price-to-sales ratio is about 1.95, indicating a moderate valuation relative to its sales, while the enterprise value to sales ratio is approximately 1.78, suggesting value in the eyes of investors despite current profitability issues [3] Financial Health - Rogers Corporation has a low debt-to-equity ratio of 0.02, indicating minimal reliance on debt, and a strong current ratio of 3.79, suggesting the company is well-positioned to meet its short-term obligations [4][6] Investment Activity - The recent investment by the Third Avenue Small-Cap Value Fund in Rogers Corporation reflects confidence in the company's growth potential and strategy to diversify within advanced technology and materials solutions [5][6]

Performance Overview - The Third Avenue Small-Cap Value Fund returned 7.18% in Q3 2025, underperforming the MSCI USA Small Cap Value Index at 8.97% and the Russell 2000 Value Index at 12.60% [2] - The Fund's annualized returns for the trailing three-year and five-year periods were 15.11% and 16.09%, respectively [2] Positive Contributors - Supernus Pharmaceuticals (SUPN) was the largest positive contributor, benefiting from a strong financial position, profitability, an expanding neurology drug portfolio, and a successful acquisition [3] - Investors Title Company (ITIC) saw positive performance due to increased real estate refinancing activity [3] - UMB Financial Corporation (UMBF) successfully integrated its acquisition of Heartland Financial, showcasing operational competence [3] Negative Contributors - Atlanta Braves Holdings (BATRA) was a negative contributor, though it is perceived to have an attractive asset base and potential for favorable resource conversion [4] - UniFirst Corporation (UNF) faced pressure to demonstrate its value proposition after rejecting an acquisition offer from Cintas Corporation (CTAS) [4] - FRP Holdings (FRPH) was impacted by a lack of confidence in government spending affecting the D.C. metro area [4] Investment Strategy - The Fund focuses on acquiring companies in transitional states, aiming to capitalize on undervalued businesses with potential for future growth [5] - Investment activity emphasizes companies that are well-financed, trading at discounts to net asset value, and have identifiable levers for value creation [6] - The Fund's turnover rate is approximately 20%, indicating a long-term investment horizon of about five years, contrasting with the average turnover of 91.7% in the small-cap value fund universe [7] Types of Investment Opportunities - The Fund identifies three broad types of investment opportunities: 1. Companies facing industry-wide headwinds that can improve through restructuring [9] 2. Companies with current economic returns that have underappreciated self-help opportunities [9] 3. Event-driven situations that offer unique return profiles through transformational changes [9] Recent Transactions - Ambac Financial (AMBC) completed the sale of its legacy financial guarantee business, leading to a significant cash inflow and a transformation towards insurance distribution [11][12] - The Fund initiated new positions in Boise Cascade (BCC) and Rogers Corporation (ROG) during the quarter, while also adding to existing positions like UniFirst Corporation (UNF) [14] Company Profiles - Boise Cascade is a leading manufacturer and distributor of building materials, facing challenges due to slowing housing activity but retaining a strong financial position [15][16] - Rogers Corporation specializes in electronic and materials technology solutions, facing growth challenges but possessing valuable intellectual property and a strong balance sheet [18][19][20]

Core Insights - Rogers Communications (RCI) reported third-quarter 2025 adjusted earnings of 99 cents per share, exceeding the Zacks Consensus Estimate by 7.61% but down 3.5% year over year [1] - Revenues reached $3.88 billion, surpassing the consensus mark by 1.16% and increasing 4.3% year over year, primarily driven by growth in the Media segment [1][7] - The company raised its 2025 free cash flow guidance to C$3.2 billion-C$3.3 billion, reflecting improved cash generation [7] Financial Performance - Adjusted earnings per share decreased 3.5% year over year to $0.99, while revenues rose 3.3% to $3.88 billion [7] - Total revenues in Canadian dollars increased 4.3% year over year to C$5.35 billion [1] - Adjusted EBITDA decreased 1.2% year over year to C$2.52 billion, with a margin contraction of 260 basis points to 47% [9] Segment Performance Wireless Segment - Wireless revenues, accounting for 49.8% of total revenues, increased 1.6% year over year to C$2.66 billion, with service revenues falling 0.3% to C$2.06 billion [2] - Monthly mobile phone ARPU was C$56.7, down 3.2% year over year [2] - The prepaid mobile phone subscriber base grew by 44K year over year to 1.21 million, while postpaid subscribers increased by 262K to 10.96 million [3] Cable Segment - Cable revenues, making up 37% of total revenues, rose 0.6% year over year to C$1.98 billion [5] - Retail Internet subscribers increased by 228K year over year to nearly 4.475 million [5] - Segment operating expenses declined 1.1% year over year to C$828 million, with adjusted EBITDA increasing 1.8% to C$1.15 billion [6] Media Segment - Media revenues surged 26.1% year over year to C$753 million, while operating expenses increased 47.1% to C$678 million [8] Balance Sheet & Cash Flow - As of September 30, 2025, available liquidity was C$6.4 billion, down from C$11.8 billion as of June 30, 2025 [10] - The debt leverage ratio stood at 3.9 times, influenced by the MLSE transaction [11] - Cash flow from operating activities decreased 20% year over year to C$1.52 billion [11] Guidance - For 2025, RCI expects total service revenues to grow between 3% and 5%, and adjusted EBITDA to rise between 0% and 3% [13] - Capital expenditures are projected at approximately C$3.7 billion, slightly below prior guidance [13]

Core Points - Rogers Communications and the Toronto Blue Jays are hosting Watch Parties at Rogers Centre during the World Series games against the Los Angeles Dodgers, encouraging fans to support the team from home [1][2] - Tickets for the Watch Parties are priced at $15, with net proceeds benefiting the Jays Care Foundation [3] - Rogers is providing free admission to 1,000 customers through its Beyond the Seat program, which includes reserved seating and food vouchers [4] - Additionally, Rogers is giving away 500 tickets for each home game during the World Series, with surprise giveaways planned for fans [5] Ticket Sales and Event Details - Tickets for the Watch Parties will be available for purchase starting October 24 at 10 a.m. ET [3] - Gates will open at 7 p.m. ET, with the first pitch scheduled for 8 p.m. ET [3] Community Engagement - The initiative aims to foster community spirit and support for the Blue Jays while contributing to a charitable cause through the Jays Care Foundation [3][4]

Group 1 - The article does not provide any relevant content regarding company or industry insights [1]

Core Insights - Proactive provides fast, accessible, and actionable business and finance news content to a global investment audience [2] - The company focuses on medium and small-cap markets while also covering blue-chip companies and broader investment stories [3] - Proactive's news team delivers insights across various sectors including biotech, mining, oil and gas, and emerging technologies [3] Technology Adoption - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Core Insights - The event focuses on the latest clinical results from the ophthalmology portfolio presented at ASOPRS and AAO [2] - The agenda includes a 60-minute session with approximately 40 minutes for presentation and 20 minutes for Q&A [3] Company Overview - Bruno Eschli, Head of Investor Relations, introduced the event and highlighted its significance [2] - Nilesh Mehta, the franchise head for ophthalmology and global product strategy, will present on IL-6 development programs in ophthalmology [3]

CHANDLER, Ariz.--(BUSINESS WIRE)--Rogers Corporation (NYSE: ROG) (the "Company†) today announced that Peter Wallace, Chair of the Board of Directors (the "Board†), has informed the Board of his decision not to stand for re-election at the Company's 2026 Annual Meeting of Shareholders. In anticipation of this transition, the Board has elected Armand Lauzon, an existing member of the Board since 2023, to serve as the next Chair, effective immediately. Mr. Wallace will partner with Mr. Lauzon over. ...