UPDATE: Daqo New Energy (DQ) Tops Q1 EPS by $1.08, Revenues Beat

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Go back to UPDATE: Daqo New Energy (DQ) Tops Q1 EPS by $1.08, Revenues Beat

Daqo New Energy Announces Unaudited First Quarter 2020 Results

May 20, 2020 6:30 AM EDT

SHIHEZI, 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