Daqo New Energy (DQ) Misses Q2 EPS by 1c

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Daqo New Energy Announces Unaudited Second Quarter 2017 Results

August 8, 2017 6:17 AM EDT

CHONGQING, China, Aug. 8, 2017 /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 2017.

Second Quarter 2017 Financial and Operating Highlights

Record-high polysilicon production volume of 4,993 MT in Q2 2017, increased from 4,927 MT in Q1 2017 Record-high polysilicon external sales volume(1) of 4,497 MT in Q2 2017, increased from 4,223 MT in Q1 2017 Polysilicon average total production cost(2) of $8.53/kg in Q2... More