Daqo New Energy Announces Unaudited Third Quarter 2019 Results
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Daqo New Energy (DQ) Tops Q3 EPS by 26c, Revenues Miss
November 12, 2019 6:08 AM ESTDaqo New Energy (NYSE: DQ) reported Q3 EPS of $0.69, $0.26 better than the analyst estimate of $0.43. Revenue for the quarter came in at $83.9 million versus the consensus estimate of $85.6 million.
Third Quarter 2019 Financial and Operating Highlights
Polysilicon production volume of 9,437 MT in Q3 2019, compared to 7,151 MT in Q2 2019Polysilicon sales volume of 9,238 MT in Q3 2019, compared to 7,130 MT in Q2 2019Polysilicon average total production cost(1) of $6.97/kg in Q3 2019, compared to $8.12/kg in Q2 2019Polysilicon average cash cost(1) of $5.85/kg in Q3 2019, compared to $6.65/kg in Q2... More