rogers q1 2020 results

Mar 14, 2021   |   by   |   Uncategorized  |  No Comments

Notably, first-quarter 2020 results were reported per IFRS 16. GM Confidential INFORMATION RELEVANT TO THIS PRESENTATION Cautionary Note on Forward-Looking Statements: This presentation and related comments by management may include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. The increase in cash was primarily due to $150 million of new borrowing under the Company’s revolving credit facility and net cash provided by operating activities of $8.6 million, partially offset by capital expenditures of $11.2 million and $5.0 million in tax payments related to net share settlement of equity awards. "Rogers delivered solid first quarter results at the high end of our guidance range, despite the impact of the ongoing COVID-19 pandemic," stated Bruce D. Hoechner, Rogers' President and CEO. Risks and uncertainties that could cause such results to differ include: the duration and impacts of the novel coronavirus global pandemic and efforts to contain its transmission, including the effect of these factors on our business, our customers and economic conditions generally; failure to capitalize on, volatility within, or other adverse changes with respect to the Company's growth drivers, including advanced mobility and advanced connectivity, such as delays in adoption or implementation of new technologies; uncertain business, economic and political conditions in the United States and abroad, particularly in China, South Korea, Germany, Hungary and Belgium, where we maintain significant manufacturing, sales or administrative operations; the trade policy dynamics between the U.S. and China reflected in trade agreement negotiations and the imposition of tariffs and other trade restrictions, including trade restrictions on Huawei Technologies Co., Ltd.; fluctuations in foreign currency exchange rates; our ability to develop innovative products and the extent to which our products are incorporated into end-user products and systems and the extent to which end-user products and systems incorporating our products achieve commercial success; the ability of our sole or limited source suppliers to deliver certain key raw materials, including commodities, to us in a timely and cost-effective manner; intense global competition affecting both our existing products and products currently under development; business interruptions due to catastrophes or other similar events, such as natural disasters, war, terrorism or public health crises; failure to realize, or delays in the realization of anticipated benefits of acquisitions and divestitures due to, among other things, the existence of unknown liabilities or difficulty integrating acquired businesses; our ability to attract and retain management and skilled technical personnel; our ability to protect our proprietary technology from infringement by third parties and/or allegations that our technology infringes third party rights; changes in effective tax rates or tax laws and regulations in the jurisdictions in which we operate; failure to comply with financial and restrictive covenants in our credit agreement or restrictions on our operational and financial flexibility due to such covenants; the outcome of ongoing and future litigation, including our asbestos-related product liability litigation; changes in environmental laws and regulations applicable to our business; and disruptions in, or breaches of, our information technology systems. Q4 Earnings Press Release 227.5 KB. Quarterly Results Show all. Q2. © 2020 Rogers Corporation. Q4 2016, Q3 2016, Q2 2016 ... Q1 2004. Rogers Communications Inc Q1 2020 earnings call dated Apr. Latest Developments More. Revenue and EPS at Top End of Guidance CHANDLER, Ariz.--(BUSINESS WIRE)--Rogers Corporation (NYSE:ROG) today announced financial results for the first quarter of 2020. Rogers Corporation (NYSE:ROG) Q1 2020 Earnings Conference Call April 30, 2020 5:00 PM ET. EMS net sales increased sequentially due to higher general industrial, EV/HEV battery and mass transit market demand, partially offset by lower portable electronics demand. Form 10K Baker Hughes Company. Q4 2019 FINANCIAL WORKBOOK 173.9 KB. Webcast and conference call replay details. According to Scotiabank’s analysis, Rogers is predicted to report mixed Q1 2020 results and remove its outlook for the year due to the COVID-19 pandemic. On an adjusted basis, earnings were $0.92 per diluted share compared to adjusted earnings of $1.14 per diluted share in the prior quarter. 1-800-574-8929            Toll-free in the United States, 1-973-935-8524            Internationally. Contents: Prepared Remarks; Questions and Answers; ... First Quarter 2020 Results … Enter your email to sign up or edit preferences. Shock absorbing technology providing dependable comfort. Financial Results Q1 2020 financial results. In the ACS segment, higher ADAS and wireless infrastructure sales were offset by a decline in aerospace and defense market demand. At the end of the first quarter of 2020, cash exceeded borrowings by $35 million. A webcast with investors and analysts was held at 7.30 am GMT. 2019. Form 10Q Baker Hughes Company. Q1 2020 Summary of Results Net sales of $198.8 million increased 2.6% versus the prior quarter, despite some impact to demand from the COVID-19 pandemic. Rogers 2020 second quarter guidance incorporates the Company's best estimate of the impact of COVID-19 and the net sales range is wider than historically provided due to an increased level of uncertainty in the outlook. Rogers Corporation (NYSE: ROG) is a global leader in materials technology and manufacturing. Earnings Presentation 6.9 MB. The first quarter of 2020 ending cash and cash equivalents was $308.3 million, an increase of $141.4 million versus the prior quarter. Listen to on-demand earnings calls of Rogers Communications Inc. (RCI) stock Rogers Communications () reported a five per cent decrease in revenue in the first quarter of 2020, which it largely attributed to the impact of COVID-19.The carrier withdrew its 2020 financial guidance it originally issued in January due to the uncertainty surrounding the pandemic. Reconciliation of GAAP earnings per diluted share to adjusted earnings per diluted share guidance for the 2020 first quarter: Reconciliation of GAAP earnings per diluted share to adjusted earnings per diluted share guidance for the 2020 second quarter: Investor contact: Form 10-Q. The increase in cash was primarily due to $150 million of new borrowing under the Company’s revolving credit facility and net cash provided by operating activities of $8.6 million, partially offset by capital expenditures of $11.2 million and $5.0 million in tax payments related to net share settlement of equity awards. A live webcast of the event and the accompanying presentation can be accessed on the Rogers Corporation website at https://www.rogerscorp.com/investors. The borrowing under the revolving credit facility was a precautionary measure to preserve financial flexibility in the current market environment. The related documents are available to download below. Rogers Communications (RCI) first-quarter 2020 results hurt by weakness in Services revenues and Media segment attributed to coronavirus outbreak. For additional information about the risks, uncertainties and other factors that may affect our business, please see our most recent annual report on Form 10-K and any subsequent reports filed with the Securities and Exchange Commission, including quarterly reports on Form 10-Q. On Jan 15, Rogers announced the rollout of Canada’s first 5G network in downtown … Rogers Communications Reports Fourth Quarter And Full-Year 2020 Results… Explore the sections below to learn more about how Rogers works to protect and improve our communities and business. ... First Quarter 2020 Results Conference Call. Rogers' Elastomer Components Division produces two product lines – NITROPHYL® Floats and ENDUR® Components – with manufacturing headquarters in Suzhou. 1 - A reconciliation of GAAP to non-GAAP measures is provided in the schedules included below. We’re all working together toward a single mission: to power, protect and connect our world. The following table reconciles weighted average shares outstanding - diluted under US GAAP to adjusted weighted average shares outstanding - diluted used in the calculation of adjusted diluted EPS: Weighted average shares outstanding - diluted, Dilutive effect of awards under equity compensation plans, Adjusted weighted average shares outstanding - diluted. According to Scotiabank's analysis, Rogers is predicted to report mixed Q1 2020 results and remove its outlook for the year due to the COVID-19 pandemic. The call will be hosted by Bruce Hoechner, President and CEO, who will be joined by Mike Ludwig, SVP … Rogers Communications reported a five per cent decrease in revenue in the first quarter of 2020, which it largely attributed to the impact of COVID-19. HSBC Holdings plc announced its Annual Results 2020 on Tuesday, 23 February at 4 am GMT. PES and EMS segment sales increased versus the fourth quarter of 2019 and ACS segment revenue was essentially flat. Q4 2020 Financial Workbook 136.9 KB. Form 10Q Baker Hughes Holdings LLC. Gross margin was 33.0%, compared to 33.1% in the prior quarter. Adjusted operating margin of 11.3% decreased by approximately 30 basis points versus the prior quarter. Risks and uncertainties that could cause such results to differ include: the duration and impacts of the novel coronavirus global pandemic and efforts to contain its transmission, including the effect of these factors on our business, our customers and economic conditions generally; failure to capitalize on, volatility within, or other adverse changes with respect to the Company's growth drivers, including advanced mobility and advanced connectivity, such as delays in adoption or implementation of new technologies; uncertain business, economic and political conditions in the United States and abroad, particularly in China, South Korea, Germany, Hungary and Belgium, where we maintain significant manufacturing, sales or administrative operations; the trade policy dynamics between the U.S. and China reflected in trade agreement negotiations and the imposition of tariffs and other trade restrictions, including trade restrictions on Huawei Technologies Co., Ltd.; fluctuations in foreign currency exchange rates; our ability to develop innovative products and the extent to which our products are incorporated into end-user products and systems and the extent to which end-user products and systems incorporating our products achieve commercial success; the ability of our sole or limited source suppliers to deliver certain key raw materials, including commodities, to us in a timely and cost-effective manner; intense global competition affecting both our existing products and products currently under development; business interruptions due to catastrophes or other similar events, such as natural disasters, war, terrorism or public health crises; failure to realize, or delays in the realization of anticipated benefits of acquisitions and divestitures due to, among other things, the existence of unknown liabilities or difficulty integrating acquired businesses; our ability to attract and retain management and skilled technical personnel; our ability to protect our proprietary technology from infringement by third parties and/or allegations that our technology infringes third party rights; changes in effective tax rates or tax laws and regulations in the jurisdictions in which we operate; failure to comply with financial and restrictive covenants in our credit agreement or restrictions on our operational and financial flexibility due to such covenants; the outcome of ongoing and future litigation, including our asbestos-related product liability litigation; changes in environmental laws and regulations applicable to our business; and disruptions in, or breaches of, our information technology systems. icon/download-cloud. Chandler, Arizona, April 30, 2020: Rogers Corporation (NYSE:ROG) today announced financial results for the first quarter of 2020. At Rogers Corporation, we’re growing fast. Reconciliation of GAAP earnings per diluted share to adjusted earnings per diluted share*: Impact of including dilutive securities(a), Earnings per diluted share adjusted for discrete items. "As the result of … This release contains forward-looking statements, which concern our plans, objectives, outlook, goals, strategies, future events, future net sales or performance, capital expenditures, future restructuring, plans or intentions relating to expansions, business trends and other information that is not historical information. Rogers withdrew its fiscal 2020 financial guidance it originally issued in January due to the uncertainty surrounding the pandemic.

Vijay Hazare Trophy 2021 Scorecard, Golden Wok Wiefelstede, Mario Party Star Rush - All Minigames, Larry Bird Jersey Autographed, Kingston Pa From My Location, Phoenix Suns Number 1, Standard Roses Bunnings, Funny Nigerian Quotes For Facebook, Suffragette Movement Meaning, Evolve Gym London,