Daqo New Energy (DQ) Reports Q3 EPS of $0.33, Revenues Miss

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Daqo New Energy Announces Unaudited Third Quarter 2018 Results

November 13, 2018 6:00 AM EST

SHIHEZI, China, Nov. 13, 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 third quarter of 2018.

Third Quarter 2018 Financial and Operating Highlights

Polysilicon production volume of 4,734 MT in Q3 2018, compared to 5,659 MT in Q2 2018 Polysilicon external sales volume(1) of 6,199 MT in Q3 2018, compared to 3,881 MT in Q2 2018 Polysilicon average total production cost(2) of $8.94/kg in Q3 2018, compared to... More