Daqo New Energy (DQ) Tops Q2 EPS by 50c, Revenues Beat

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Daqo New Energy Announces Unaudited Second Quarter 2018 Results

August 7, 2018 6:40 AM EDT

CHONGQING, China, Aug. 7, 2018 /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 2018.

Second Quarter 2018 Financial and Operating Highlights

Polysilicon production volume of 5,659 MT in Q2 2018, compared to 5,657 MT in Q1 2018 Polysilicon external sales volume(1) of 3,881 MT in Q2 2018, compared to 5,411 MT in Q1 2018 Polysilicon average total production cost(2) of $9.05/kg in Q2 2018, compared to... More