ROG · Rogers Corporation Q2 FY2026 earnings call record财报电话会记录

“Sales were at $216.8 million, up 6.9% from the prior year and above the midpoint of our guidance.”

“Adjusted EBITDA increased to $38 million, or 17.3% of sales, and adjusted EPS of $0.92 was significantly higher than the level we reported a year ago.”

“Adjusted EBITDA margins are projected to reach 20% and increase year-over-year by 250 basis points.”

“Smartphone sales increased versus Q2 2025 from a favorable mix of higher-end devices and continued benefits from customer share gains.”

“We will also outline our value creation framework, including capital allocation priorities and long-term financial planning.”

“We expect the full year 2026 capital expenditure range between $30 million and $35 million.”

“We are realizing improved margins due to higher volumes and our cost structure improvement actions.”

“Naturally, there's a lag and a timing impact from when that crystallizes in the P&L versus when we agree with our customers on the pricing changes.”

“Some of what we shared, you can see there's some pressures just in terms of volumes and utilization and what we're experiencing the timing of our ramp-up and our operation in China for that same product line.”

“The only thing we've probably seen, which even could be a positive sign for us because of geopolitics and uncertainty, we've seen some customers working with us to shift production from some geographical area to another, or shift the product shipments from one region to another and being more local for local than it has been in the past.”

“We have not seen anything negative at all, and that's why our projections remain positive, and we're still emphasizing that we will see growth going forward.”

“I would say, roughly speaking, the raw material and freight headwinds and the OpEx was probably about 70%-80% of the impact to EPS, and the residual was the one-time gain that Ali referenced with the small client.”