Daqo New Energy (DQ) Tops Q2 EPS Views; Updates Outlook

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Daqo New Energy Announces Unaudited Second Quarter 2016 Results

August 9, 2016 6:00 AM EDT

CHONGQING, China, Aug. 9, 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 second quarter of 2016.

Second Quarter 2016 Financial and Operating Highlights

Polysilicon production volume of 3,570 MT in Q2 2016, compared to 3,405 MT in Q1 2016 Polysilicon external sales volume(1) of 2,931 MT in Q2 2016, compared to 2,905 MT in Q1 2016 Polysilicon average total production cost(2) of $9.43/kg in Q2 2016, compared to... More