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Canadian DJ Duo Loud Luxury and Rock Band The Beaches to Headline Rogers Festival at the Final Concert for Game 6 in ICE District
GlobeNewswire News Room· 2024-06-20 22:30
Special concert viewing will be reserved for Rogers customers OEG Sports & Entertainment and Rogers to Co-Host Free Concert in Fan Park @ ICE District Before Game 6 EDMONTON, Alberta, June 20, 2024 (GLOBE NEWSWIRE) -- OEG Sports and Entertainment (OEGSE) and Rogers today announced that Canadian DJ duo Loud Luxury and Canadian rock band The Beaches will be headlining the Rogers Festival at the Final prior to Game 6 with a free performance in ICE District to celebrate the 2024 Stanley Cup Final between the Ed ...
Rogers inks blockbuster deals with NBCUniversal and Warner Bros. Discovery
GlobeNewswire News Room· 2024-06-10 14:00
Solidifies Rogers as the home of sports and entertainment in Canada Starting September 2024, the company is launching NBCUniversal's Bravo channel in Canada and will become the English-language television content rights holder in Canada, featuring the best of unscripted programming, which will include new seasons of Bravo's hit franchise series. "We're already home to Canada's #1 sports network, and these partnerships solidify our leadership in entertainment with a diverse media portfolio of TV's most iconi ...
Rogers Brings More Star Power to Citytv Canadian Hits
GlobeNewswire News Room· 2024-06-10 13:30
– Citytv's #1 show in over a decade – Law & Order Toronto: Criminal Intent, renewed for two seasons with production starting in July – – Let's go, Canada! Global icon Shania Twain joins Canada's Got Talent – – Beloved Hudson & Rex returns for its seventh season with production to begin in June – – Cheryl Hickey and Tracy Moore to host new Breakfast Television lifestyle show this fall – – Currently serving Ontario and British Columbia, CityNews 24/7 expands news service to Alberta, launching this July – – OM ...
Rogers Sugar announces the publication of its 2023 Environmental, Social and Governance Report
globenewswire.com· 2024-05-21 21:01
Mr. Jean-Sébastien Couillard Vice President of Finance, Chief Financial Officer & Corporate Secretary Lantic Inc. Tel: (514) 940-4350 Website: www.lanticrogers.com MONTRÉAL and VANCOUVER, British Columbia, May 21, 2024 (GLOBE NEWSWIRE) -- Rogers Sugar Inc. (the "Corporation" or "Rogers Sugar") (TSX: RSI) is pleased to announce that it has published its 2023 Environmental, Social and Governance (ESG) report. The ESG report can be found on the Rogers Sugar website at www.lanticrogers.com. About Rogers Sugar I ...
Rogers (ROG) - 2024 Q1 - Earnings Call Transcript
2024-04-26 02:50
Rogers Corporation (NYSE:ROG) Q1 2024 Earnings Conference Call April 25, 2024 5:00 PM ET Company Participants Steve Haymore - Director, Investor Relations Colin Gouveia - President and Chief Executive Officer Ram Mayampurath - Senior Vice President and Chief Financial Officer Griffin Gappert - Vice President and Chief Technology Officer Conference Call Participants Craig Ellis - B. Riley Securities David Silver - CL King & Associates Daniel Moore - CJS Securities Operator Good afternoon. My name is Alicia, ...
Rogers (ROG) - 2024 Q1 - Quarterly Report
2024-04-25 22:45
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________ FORM 10-Q _______________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission file number 1-4347 _______________________________ ROGERS C ...
Rogers (ROG) - 2024 Q1 - Earnings Call Presentation
2024-04-25 21:25
Q1 2024: Adjusted Earnings Per Diluted Share Reconciliation Q1 2024 Q4 2023 | --- | --- | --- | |------------------------------------------------------------------------|---------|---------| | GAAP Earnings Per Diluted Share | $0.42 | $1.24 | | Acquisitions and Divestiture Related Costs: | | | | Acquisition and Related Integration Costs | - | - | | Dispositions | - | $0.06 | | Intangible Amortization | $0.17 | $0.18 | | (Gain) Loss on Sale or Disposal of PPE | - | ($0.10) | | Restructuring, Business Realign ...
Rogers (ROG) - 2024 Q1 - Quarterly Results
2024-04-25 20:07
Rogers Corporation Reports First Quarter 2024 Results Q1 Sales And EPS Exceed Mid-Point Of Guidance As Outlook Improves Chandler, Arizona, April 25, 2024: Rogers Corporation (NYSE:ROG) today announced financial results for the first quarter of 2024. "We are encouraged by the improving demand that we saw in the first quarter, which resulted in sales near the top end of our guidance expectations," stated Colin Gouveia, Rogers' President and CEO. "Aerospace and defense sales were strong in the first quarter an ...
Rogers (ROG) - 2023 Q4 - Annual Report
2024-02-26 22:52
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________ FORM 10-K _______________________________ ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission file number 1-4347 _______________________________ ROGERS CORPOR ...
Rogers (ROG) - 2023 Q4 - Earnings Call Transcript
2024-02-22 04:06
Financial Data and Key Metrics Changes - Adjusted EBITDA margin was 16.3% in 2023, roughly in line with the prior year, while adjusted EPS decreased to $3.78 from $4.91 in 2022 [1] - Full year sales were $908 million, a decrease of 6.5% from the prior year, with gross margins increasing by approximately 75 basis points to 33.8% [100] Business Line Data and Key Metrics Changes - Net sales in Q4 were $205 million, declining 11% from the prior quarter due to lower volume and unfavorable foreign currency fluctuations [2] - EMS revenue decreased by 14.9% to $83 million, driven by lower portable electronics and general industrial sales, despite higher EV/HEV sales [3] - Sales in the aerospace and defense, industrial, and renewable energy markets decreased, while EV/HEV sales saw a slight increase [3] Market Data and Key Metrics Changes - The ongoing contraction in global manufacturing activity has significantly impacted the general industrial market, which comprises much of the company's core business [79] - The portable electronics market is expected to see some recovery in 2024, but the medium-term outlook remains muted due to consumers keeping existing phones longer [17] - The wireless infrastructure market is projected to decline due to weaker than anticipated 5G station rollout [17] Company Strategy and Development Direction - The company is focused on cost management while advancing growth strategies, including securing design wins and investing in capacity [80] - The timeline to achieve financial targets has been extended beyond 2025 due to persistent challenges in the global manufacturing economy and lack of visibility in the EV market [81] - The company remains committed to its strategy for sustainable growth and long-term shareholder value, particularly in the EV/HEV market [18] Management's Comments on Operating Environment and Future Outlook - Management believes they are near the bottom of the cycle and may begin to see some recovery in mid-2024 [79] - There is a consensus that the inventory hangover from the COVID snapback will normalize around mid-year [36] - The company anticipates Q1 2024 to be the low point of sales for the year, with expectations for improvement in the second half [12][34] Other Important Information - Ending cash at December 31 was approximately $132 million, a decrease of $104 million from the end of 2022, but an increase of $5 million from the end of Q3 2023 [7] - The company generated strong operating cash flow of $72 million in Q4 and $131 million for the full year, allowing for capital investments and debt repayments [7] Q&A Session Summary Question: What gives confidence that Q1 will be the low point for the year? - Management indicated that cost improvements and margin traction achieved in the first three quarters are expected to remain, and they anticipate a recovery in the second half of the year [32][34] Question: How is inventory positioned in the EV and HEV segment compared to other areas? - Management noted that while there are still inventory challenges in some areas, the EV/HEV segment has shown improvement, indicating better inventory positioning [40][47] Question: What is the pipeline of opportunities in the industrial segment? - Management highlighted several end markets within the general industrial segment where they have secured design wins and expressed confidence in returning to GDP-plus growth over the next 12 to 24 months [54][56] Question: Are there additional cost reduction actions prepared if demand does not improve? - Management stated that while they are optimistic about recovery, they have plans for additional cost reductions if necessary, including maintaining control over discretionary spending [60][62]