Daqo New Energy Announces Unaudited Second Quarter 2019 Results

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Go back to Daqo New Energy Announces Unaudited Second Quarter 2019 Results

Daqo New Energy (DQ) Tops Q2 EPS by 28c

August 14, 2019 6:02 AM EDT

Daqo New Energy (NYSE: DQ) reported Q2 EPS of $0.17, $0.28 better than the analyst estimate of ($0.11). Revenue for the quarter came in at $66 million versus the consensus estimate of $69.8 million.

Second Quarter 2019 Financial and Operating Highlights

Polysilicon production volume of 7,151 MT in Q2 2019, compared to 8,764 MT in Q1 2019Polysilicon sales volume of 7,130 MT in Q2 2019, compared to 8,450 MT in Q1 2019Polysilicon average total production cost(1) of $8.12 /kg in Q2 2019, compared to $7.42 /kg in Q1 2019Polysilicon average cash cost(1) of $6.65/kg in Q2 2019, compared to $6.20/kg in Q1... More