Daqo New Energy Announces Unaudited Fourth Quarter and Fiscal Year 2019 Results

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Go back to Daqo New Energy Announces Unaudited Fourth Quarter and Fiscal Year 2019 Results

Daqo New Energy (DQ) Tops Q4 EPS by 86c

March 11, 2020 5:53 AM EDT

Daqo New Energy (NYSE: DQ) reported Q4 EPS of $1.77, $0.86 better than the analyst estimate of $0.91. Revenue for the quarter came in at $118.9 million versus the consensus estimate of $118.8 million.

Fourth Quarter 2019 Financial and Operating Highlights

Polysilicon production volume was 16,204 MT in Q4 2019, compared to 9,437 MT in Q3 2019Polysilicon sales volume was 13,291 MT in Q4 2019, compared to 9,238 MT in Q3 2019Polysilicon average total production cost(1) was $6.38/kg in Q4 2019, compared to $6.97/kg in Q3 2019Polysilicon average cash cost(1) was $5.47/kg in Q4 2019, compared to $5.85/kg in Q3... More