Rogers (ROG) - 2023 Q4 - Earnings Call Transcript
ROGRogers (ROG)2024-02-22 12:06

With the improvement in gross margin and by flexing OpEx lower, we partially offset the impact from drop in sales volumes. Adjusted EBITDA margins was 16.3% in 2023 and roughly in line with the prior year. For the full year, adjusted EPS was $3.78 compared to $4.91 in 2022. On slide 10, I'll discuss our Q4 sales results in more detail. Net sales of $205 million declined 11% versus the prior quarter due to lower volume of approximately $23 million and unfavorable foreign currency fluctuations of close to $2 ...