Daqo New Energy Announces Unaudited Fourth Quarter and Fiscal Year 2018 Results
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Daqo New Energy (DQ) Tops Q4 EPS by 98c, Revenues Beat
March 13, 2019 6:34 AM EDTDaqo New Energy (NYSE: DQ) reported Q4 EPS of $1.18, $0.98 better than the analyst estimate of $0.20. Revenue for the quarter came in at $75.6 million versus the consensus estimate of $72.4 million.
Polysilicon production volume of 7,301 MT in Q4 2018, compared to 4,734 MT in Q3 2018Polysilicon external sales volume(1) of 7,030 MT in Q4 2018, compared to 6,199 MT in Q3 2018Polysilicon average total production cost(2) of $7.94/kg in Q4 2018, compared to $8.94/kg in Q3 2018Polysilicon average cash cost(2) of $6.64/kg in Q4 2018, compared to $7.12/kg in Q3 2018Polysilicon average selling price (ASP) was $9.69/kg... More