UPDATE: Daqo New Energy (DQ) Tops Q1 EPS by $1.08, Revenues Beat
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Daqo New Energy Announces Unaudited First Quarter 2020 Results
May 20, 2020 6:30 AM EDTSHIHEZI, China, May 20, 2020 /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 first quarter of 2020.
First Quarter 2020 Financial and Operating Highlights
Polysilicon production volume was 19,777 MT in Q1 2020, compared to 16,204 MT in Q4 2019 Polysilicon sales volume was 19,101 MT in Q1 2020, compared to 13,291 MT in Q4 2019 Polysilicon average total production cost(1) was $5.86/kg in Q1 2020, compared to $6.38/kg... More