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Daqo New Energy (DQ) Tops Q3 EPS by 8c; Guides Q4 Sales

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Daqo New Energy Announces Unaudited Third Quarter 2016 Results

November 15, 2016 4:09 AM EST

CHONGQING, China, Nov. 15, 2016 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy", the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced its unaudited financial results for the third quarter of 2016.

Third Quarter 2016 Financial and Operating Highlights

Polysilicon production volume of 3,636 MT in Q3 2016, compared to 3,570 MT in Q2 2016 Polysilicon external sales volume(1) of 2,838 MT in Q3 2016, compared to 2,931 MT in Q2 2016 Polysilicon average total production cost(2) of $8.66/kg in Q3 2016, compared to... More