Daqo New Energy (DQ) Tops Q3 EPS by 26c, Revenues Miss

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Go back to Daqo New Energy (DQ) Tops Q3 EPS by 26c, Revenues Miss

Daqo New Energy Announces Unaudited Third Quarter 2019 Results

November 12, 2019 6:00 AM EST

SHIHEZI, China, Nov. 12, 2019 /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 2019.

Third Quarter 2019 Financial and Operating Highlights

Polysilicon production volume of 9,437 MT in Q3 2019, compared to 7,151 MT in Q2 2019 Polysilicon sales volume of 9,238 MT in Q3 2019, compared to 7,130 MT in Q2 2019 Polysilicon average total production cost(1) of $6.97/kg in Q3 2019, compared to $8.12/kg... More