Daqo New Energy Announces Unaudited Second Quarter 2016 Results
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Daqo New Energy (DQ) Tops Q2 EPS Views; Updates Outlook
August 9, 2016 7:44 AM EDTDaqo New Energy (NYSE: DQ) reported Q2 EPS of $2.10, $1.08 better than the analyst estimate of $1.02. Revenue for the quarter came in at $71 million versus the consensus estimate of $60.35 million.
Polysilicon production volume of 3,570 MT in Q2 2016, compared to 3,405 MT in Q1 2016Polysilicon external sales volume(1) of 2,931 MT in Q2 2016, compared to 2,905 MT in Q1 2016Polysilicon average total production cost(2) of $9.43/kg in Q2 2016, compared to $9.65/kg in Q1 2016Polysilicon average cash cost(2) of $7.42/kg... More