Exhibit 99.1

Rogers Corporation Reports 2014 Fourth Quarter and Year-End Results

• Record fourth quarter net sales of $147.7 million, up 8.4%
• Fourth quarter gross margin of 39.5%, up 220 basis points
• Fourth quarter operating margin of 9.7%, up 140 basis points
• Fourth quarter non-GAAP operating margin of 14.4%, up 270 basis points
• Record full year net sales of $610.9 million, up 13.7%
• Full year gross margin of 38.3%, up 340 basis points
• Full year operating margin of 13.2%, up 400 basis points
• Full year non-GAAP operating margin of 14.4%, up 290 basis points

ROGERS, Conn.--(BUSINESS WIRE)--February 17, 2015--Rogers Corporation (NYSE:ROG), a global leader in engineered materials solutions, today announced financial results for its fourth quarter and full year 2014.

The company reported record fourth quarter net sales of $147.7 million, in line with the company’s previously announced guidance and an 8.4% increase from the net sales of $136.2 million for the fourth quarter 2013. Net sales were negatively impacted by approximately $3.7 million due to the decline in the value of the Euro in the 2014 fourth quarter.

Net income from continuing operations for the fourth quarter 2014 was $0.37 per diluted share (or $0.89 per diluted share excluding special charges, exceeding the company’s previously announced guidance), as compared to $0.64 per diluted share (or $0.81 per diluted share excluding special charges) for the fourth quarter 2013. The fourth quarter 2014 special charges included a non-cash pension charge, a non-cash tax charge associated with the cash repatriation of $40 million from Europe to fund in part the acquisition of Arlon, LLC and other discrete special charges. Net income was negatively impacted by approximately $1.0 million due to the decline in the value of the Euro in the 2014 fourth quarter.

Net sales for the full year 2014 were a record $610.9 million, a 13.7% increase from the net sales of $537.5 million for the full year 2013. Full year 2014 net income from continuing operations was $2.83 per diluted share (or $3.38 per diluted share excluding special charges), compared to $2.12 per diluted share for full year 2013 (or $2.61 per diluted share excluding special charges).

Bruce D. Hoechner, President and CEO commented, “Rogers achieved its eighth consecutive quarter of year-over-year revenue growth in the fourth quarter of 2014, posting solid gains in both gross margin and operating margin to deliver strong earnings. This capped an excellent 2014, where strength in our high-growth global markets, along with the execution of key elements of our five-year strategy, led to record-setting sales, exceptional net income growth of 40.0% and a 32.4% total shareholder return in 2014. We are also pleased with our acquisition of Arlon, LLC in 2015, which is a strong strategic fit with our Printed Circuit Materials and High Performance Foams business segments.”

Business Segment Discussion

Printed Circuit Materials
Printed Circuit Materials reported record fourth quarter 2014 net sales of $57.5 million, an 18.1% increase compared to fourth quarter 2013 net sales of $48.7 million. This strong growth was driven primarily by significant demand for high frequency circuit materials to support the expansion of wireless base stations in connection with the global 4G/LTE infrastructure build-out across multiple geographies, especially in China. In addition, automotive safety radar applications for Advanced Driver Assistance Systems showed continued strength in the quarter. This strong growth was offset by lower demand in mobile internet device wireless antenna and satellite TV applications, where year-end inventory adjustments tempered demand.

High Performance Foams
High Performance Foams reported fourth quarter 2014 net sales of $43.0 million, a 4.4% increase compared to fourth quarter 2013 net sales of $41.2 million. This growth was driven primarily by higher demand in general industrial, mass transportation, battery applications for hybrid electric vehicles and consumer comfort and impact protection applications, which more than offset slightly weaker demand in portable electronics (mobile internet devices and feature phones) applications, as customers tightly managed their year-end inventory levels.

Power Electronics Solutions
Power Electronics Solutions reported record fourth quarter 2014 net sales of $41.6 million, a 3.2% increase compared to fourth quarter 2013 net sales of $40.3 million. Record fourth quarter sales were achieved despite the impact of the decline of the Euro, which depressed net sales by approximately $2.6 million. Results were driven by strong demand in mass transit and electric vehicle applications offset in part by weaker demand in certain renewable energy applications.

Joint Ventures
Rogers’ 50% owned High Performance Foams joint ventures’ net sales totaled $11.9 million in the fourth quarter 2014, a decrease of 12.5% compared to the $13.6 million in the fourth quarter 2013. The decline was partly due to the decline in the Japanese Yen and lower demand across many of the joint ventures’ end markets.

Operational Highlights
Rogers ended 2014 with cash and cash equivalents of $237.4 million, an increase of $45.5 million, or 23.7%, from $191.9 million at December 31, 2013. Capital expenditures were approximately $10.0 million for the fourth quarter and $28.8 million for the full year 2014.

The company’s reported gross margins were 39.5% in the fourth quarter and 38.3% for the full year 2014, which compares to 37.3% for the fourth quarter and 34.9% for the full year of 2013, respectively. Operating margin was 9.7% for the fourth quarter and 13.2% for the full year 2014, compared to 8.3% for the fourth quarter and 9.2% for the full year 2013, respectively. Operating margin on a non-GAAP basis was 14.4% for the fourth quarter and 14.4% for the full year 2014, compared to 11.7% for the fourth quarter and 11.5% for the full year 2013, respectively.

The company’s effective tax rate for the full year 2014 was 34.2%, which was unfavorably impacted by the special charges noted in the quarter, primarily the non-cash tax charge associated with the repatriation of $40 million from Europe (excluding this charge the effective rate would have been 28.4%).

Outlook
Exclusive of the newly acquired Arlon business, Rogers projects its first quarter 2015 net sales will be between $148 to $153 million and net income between $0.67 and $0.75 per diluted share, which does not include estimated acquisition related costs of approximately $0.10 to $0.12 per diluted share. The company expects that the Arlon acquisition, which closed on January 22, 2015, will contribute an additional $18 to $20 million of net sales and net income of between $0.13 and $0.16 per diluted share for the first quarter 2015. At this time the impact of applying purchase accounting is not included in this guidance as it has not yet been finalized.

Included in the first quarter 2015 net sales guidance is the negative impact of approximately $5.0 million due to the decline in the value of the Euro on a year-over-year basis.

For full year 2015, Rogers expects capital expenditures to be in the range of $33 to $38 million and its effective tax rate to be approximately 29%.

Non-GAAP Financial Measures
Reconciliations of non-GAAP measures used in this release to the applicable GAAP financial measures appear at the end of the press release.

About Rogers Corporation
Rogers Corporation (NYSE:ROG) is a global leader in engineered materials to power, protect, and connect our world. With more than 180 years of materials science experience, Rogers delivers high-performance solutions that enable clean energy, internet connectivity, advanced transportation and other technologies where reliability is critical. Rogers delivers Power Electronics Solutions for energy-efficient motor drives, vehicle electrification and alternative energy; High Performance Foams for sealing, vibration management and impact protection in mobile devices, transportation interiors, industrial equipment and performance apparel; and Printed Circuit Materials for wireless infrastructure, automotive safety and radar systems. Headquartered in Connecticut (USA), Rogers operates manufacturing facilities in the United States, China, Germany, Belgium, Hungary, and South Korea, with joint ventures and sales offices worldwide. For more information, visit www.rogerscorp.com.

Safe Harbor Statement
This release contains forward-looking statements within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements do not constitute guarantees of future performance. Forward-looking statements include statements concerning our plans, objectives, goals, strategies, future events, future net sales or performance, capital expenditures, financing needs, restructuring, plans or intentions relating to expansions, business trends and other information that is not historical information. All forward-looking statements are based upon information available to us on the date of this release and are subject to risks, uncertainties and other factors, many of which are outside of our control, which could cause actual results to differ materially from the results discussed in the forward-looking statements. Risks that could cause such results to differ include: changing business, economic, and political conditions both in the United States and in foreign countries, particularly in light of the uncertain outlook for global economic growth, particularly in several of our key markets; the possibility that changes in technology or market requirements will reduce the demand for our products increasing competition; the possibility of adverse effects resulting from the expiration of issued patents; any difficulties integrating acquired businesses into our operations and the possibility that anticipated benefits of acquisitions and divestitures may not materialize as expected or additional costs may be incurred; delays or problems in completing planned operational enhancements to various facilities; and our achieving less than anticipated benefits and/or incurring greater than anticipated costs relating to streamlining initiatives or that such initiatives may be delayed or not fully implemented due to operational, legal or other challenges. The risk factors identified in our filings with the Securities and Exchange Commission, including the company's most recent Annual Report on Form 10-K and most recent Quarterly Report on Form 10-Q, could impact any forward-looking statements contained in this release. Rogers Corporation assumes no responsibility to update any forward-looking statements contained herein. This release refers to various non-GAAP financial measures. We believe that this information is useful to understanding the operating results and ongoing performance of our underlying businesses.

Additional Information and February 18, 2015 Conference Call

For more information, please contact the Company directly, via email or visit the Rogers website.

Website Address: http://www.rogerscorp.com

A conference call to discuss 2014 fourth quarter and full year results will be held on Wednesday, February 18, 2015 at 9:00AM (Eastern Time).

A slide presentation will be made available prior to the start of the call. The slide presentation can be accessed under the investor relations sections of the Rogers Corporation website (www.rogerscorp.com/ir).

The Rogers participants in the conference call will be:

Bruce D. Hoechner, President and CEO
David Mathieson, Vice President Finance and CFO
Robert C. Daigle, Senior Vice President and CTO

A Q&A session will immediately follow management’s comments.

To participate in the conference call, please call:

For playback access, please call: 1-855-859-2056 in the United States and 1-404-537-3406 internationally through 11:59PM (Eastern Time), Wednesday, February 25, 2015. The passcode for the audio replay is 35635206.

The call will also be webcast live in a listen-only mode. The webcast may be accessed through links available on the Rogers Corporation website at www.rogerscorp.com/ir. Replay of the archived webcast will be available on the Rogers website approximately two hours following the webcast.

(Financial Statements Follow)

Reconciliation of non-GAAP Financial Measures to the Comparable GAAP Measures

Non-GAAP Financial Measures

Management believes non-GAAP information provides meaningful supplemental information regarding the Company’s performance by excluding certain expenses that are generally non-recurring and accordingly may not be indicative of the core business operating results. The Company believes that this additional financial information is useful to management and investors in assessing the Company’s historical performance and when planning, forecasting and analyzing future periods. However, the non-GAAP information has limitations as an analytical tool and should not be considered in isolation from, or as alternatives to, financial information prepared in accordance with GAAP.

Reconciliation of GAAP to non-GAAP Income Per Diluted Share from Continuing Operations for the Fourth Quarter and Full Year of 2014 and 2013:

The following table includes non-recurring charges related to special adjustments.

Reconciliation of GAAP to non-GAAP Operating Margin from Continuing Operations for the Fourth Quarter and Full Year of 2014 and 2013:

The following table includes non-recurring charges related to special adjustments.

Disclosure of non-GAAP Income Per Diluted Share Guidance for the First Quarter of 2015:

The company believes the information necessary to estimate the impact of applying purchase accounting to quantitatively reconcile the non-GAAP income per share guidance to the GAAP measure is not estimable without unreasonable effort.

CONTACT:
Rogers Corporation
Financial News Contact:
David Mathieson, 860-779-4033
Vice President Finance and Chief Financial Officer
Fax: 860-779-5509
or
Investor Contact:
William J. Tryon, 860-779-4037
Director of Investor and Public Relations
Fax: 860-779-5509
william.tryon@rogerscorp.com