Daqo New Energy (DQ) Tops Q4 EPS by 10c ; Provides Outlook

Daqo New Energy (NYSE: DQ) reported Q4 EPS of $0.94, $0.10 better than the analyst estimate of $0.84. Revenue for the quarter came in at $477.1 million versus the consensus estimate of $529.4 million.

Outlook:-

The Company expects to produce approximately 60,000MT to 62,000MT of polysilicon during the first quarter of 2024. The Company expects to produce approximately 280,000MT to 300,000MT of polysilicon for the full year of 2024, 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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