Daqo New Energy (DQ) Reports Q2 EPS of $0.47

Daqo New Energy (NYSE: DQ) reported Q2 EPS of $0.47, versus $2.57 reported last year. Revenue for the quarter came in at $133.5 million, versus $168.8 million reported last year.

Outlook and guidance:

The Company expects to produce approximately 17,500 MT to 18,000 MT of polysilicon and sell approximately 17,000 MT to 17,500 MT of polysilicon to external customers during the third quarter of 2020. For the full year of 2020, the Company expects to produce approximately 73,000 MT to 75,000 MT of polysilicon, inclusive of the impact of the Company's annual facility maintenance.

For earnings history and earnings-related data on Daqo New Energy (DQ) click here.

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