Rogers' third-quarter adjusted earnings rose 54% year over year to $1.39 per share, well above the $1.19 analysts expected, while revenue grew 9.3% to $236.1 million, just short of the $238 million consensus. Management attributed the profit strength to a favorable product mix, higher volume and operational discipline. For the fourth quarter, Rogers guided to earnings of $0.90 to $1.10 per share, with the low end matching the Street's $0.90 target. CEO Ali El-Haj expects newer markets, including a new facility in Suzhou, China, to generate $100 million in annual revenue by 2028 and $450 million by 2033, as data centers demand more complex power and cooling solutions. The shares opened 13% higher on Wednesday but had cooled to a 3.8% gain by 10:45 a.m. ET.
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