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Daqo New Energy Corp (DQ)

DQ on New York Consolidated

28.22USD
20 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Daqo New Energy Q2 revenue $76 million
Tuesday, 8 Aug 2017 06:17am EDT 

Aug 8 (Reuters) - Daqo New Energy Corp :Daqo New Energy announces unaudited second quarter 2017 results.Q2 revenue $76 million versus $71 million.Polysilicon production volume of 4,993 mt in Q2 2017, increased from 4,927 mt in Q1 2017​.Solar wafer sales volume of 27.0 million pieces in Q2 2017, increased from 22.4 million pieces in Q1 2017​.Qtrly ‍adjusted earnings per basic ADS $1.31​.Expects to produce 4,200 mt to 4,500 mt of polysilicon​ in Q3.Qtrly earnings per basic ADS $1.15.Annual maintenance for Xinjiang Polysilicon facility is scheduled for late September and October​.Annual maintenance for Xinjiang Polysilicon facility anticipated to impact production volume by approximately two weeks​.Expects to sell approximately 3,700 mt to 4,000 mt to external customers during Q3 of 2017​.Wafer sales volume is expected to be approximately 25.0 million to 25.5 million pieces in Q3 of 2017.For full year of 2017, china's annual PV installation forecast is currently expected to exceed 35gw​.Says ‍"we believe that China's PV market demand continues to be strong​".Says "‍globally, U.S. and Indian markets are also seeing strong pv product demand".Says "annual total global solar installation in 2017 is likely to exceed 80 gw for first time ever".Qtrly ‍income per diluted ADS $1.14​.  Full Article

Daqo New Energy Q1 earnings per basic ADS $2.18
Tuesday, 9 May 2017 04:08am EDT 

May 9 (Reuters) - Daqo New Energy Corp :Daqo New Energy announces unaudited first quarter 2017 results.Q1 revenue rose 45.3 percent to $83.8 million.Earnings per basic ADS of $2.18 in Q1 2017.Adjusted earnings per basic ADS of $2.36 in Q1 2017.Daqo New Energy - co expects to produce 4,800 MT - 5,000 MT of polysilicon, sell about 4,200 MT to 4,500 MT to external customers during Q2 of 2017.Wafer sales volume is expected to be approximately 23.5 million to 24 million pieces in Q2 of 2017.  Full Article

Daqo New Energy Q2 revenue rose 107 percent to $71 million
Tuesday, 9 Aug 2016 06:00am EDT 

Daqo New Energy Corp : Daqo New Energy announces unaudited second quarter 2016 results . Expects to sell approximately 2,550 mt to 2,600 mt of polysilicon to external customers during q3 2016 . Qtrly adjusted earnings per basic ads $2.10 . Polysilicon production volume of 3,570 mt in q2 2016, compared to 3,405 mt in q1 2016 . Qtrly earnings per basic ads $1.90 . "we anticipate that tight-supply situation for polysilicon sector within china should continue in 2016" .Wafer sales volume is expected to be approximately 24.0 million to 25.0 million pieces for q3 2016.  Full Article

Daqo New Energy posts adj. earnings $1.12/basic ADS
Tuesday, 10 May 2016 06:41am EDT 

Daqo New Energy Corp : Daqo New Energy announces unaudited first quarter 2016 results . Adjusted earnings per basic ADS of $1.12 in q1 2016 . Q1 revenue $57.7 million versus $41.9 million . Polysilicon production volume of 3,405 mt in Q1 2016, compared to 3,547 mt in Q4 2015 . Qtrly earnings per basic ADS $0.80 . Expects to sell approximately 2,850 mt to 2,950 mt of polysilicon to external customers during Q2 of 2016 .Wafer sales volume is expected to be approximately 23.5 million to 24.0 million pieces for Q2.  Full Article

BRIEF-Daqo New Energy Q2 revenue $76 million

* Daqo New Energy announces unaudited second quarter 2017 results