Daqo New Energy (DQ) Misses Q1 EPS by 1c, Revenues Miss

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Daqo New Energy Announces Unaudited First Quarter 2021 Results

May 18, 2021 6:00 AM EDT

SHANGHAI, May 18, 2021 /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 2021.

First Quarter 2021 Financial and Operating Highlights

Polysilicon production volume was 20,185 MT in Q1 2021, compared to 21,008 MT in Q4 2020 Polysilicon sales volume was 21,471 MT in Q1 2021, compared to 23,186 MT in Q4 2020 Polysilicon average total production cost(1) was $6.29/kg in Q1 2021, compared to $5.92/kg in Q4... More