Daqo New Energy Announces Unaudited First Quarter 2015 Results

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Roth Remains Positive on Daqo New Energy (DQ); Poly ASPs Can Remain at Current Levels for Only so Long

May 11, 2015 2:03 PM EDT

Roth Capital affirms Daqo New Energy Corp. (NYSE: DQ) with a Buy rating and $80 price target following recently issued Q1 results and outlook.

Analyst Philip Shen offered the following commentary: ASPs appear to be down in Q2 to ~$16... More

Daqo New Energy (DQ) Tops Q1 EPS by 7c

May 8, 2015 5:43 AM EDT

Daqo New Energy (NYSE: DQ) reported Q1 EPS of $0.12, $0.07 better than the analyst estimate of $0.05. Revenue for the quarter came in at $41.9 million versus the consensus estimate of $44 million.

Highlights:

Record-high polysilicon production volume of 1,801 MT in Q1 2015, compared to... More