Daqo New Energy Announces Unaudited First Quarter 2024 Results
DAQO New Energy Corp. American Depositary Shares, each representing five ordinary shares (DQ)
Last daqo new energy corp. american depositary shares, each representing five ordinary shares earnings: 3/11 05:27 am
Check Earnings Report
US:NYSE Investor Relations:
dqsolar.com
Company Research
Source: PR Newswire
SHANGHAI, April 29, 2024 /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 2024.First Quarter 2024 Financial and Operating HighlightsPolysilicon production volume was 62,278 MT in Q1 2024, compared to 61,014 MT in Q4 2023Polysilicon sales volume was 53,987 MT in Q1 2024 compared to 59,906 MT in Q4 2023Polysilicon average total production cost(1) was $6.37/kg in Q1 2024 compared to $6.50/kg in Q4 2023Polysilicon average cash cost(1) was $5.61/kg in Q1 2024, compared to $5.72/kg in Q4 2023Polysilicon average selling price (ASP) was $7.66/kg in Q1 2024, compared to $7.97/kg in Q4 2023Revenue was $415.3 million in Q1 2024, compared to $476.3 million in Q4 2023Gross profit was $72.1 million in Q1 2024, compared to $87.2 million in Q4 2023. Gross margin was 17.4% in Q1 2024, compared to 18.3% i
Show less
Read more
Impact Snapshot
Event Time:
DQ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DQ alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DQ alerts
High impacting DAQO New Energy Corp. American Depositary Shares, each representing five ordinary shares news events
Weekly update
A roundup of the hottest topics
DQ
News
- Daqo New Energy Corp. (NYSE: DQ) had its "reduce" rating re-affirmed by analysts at HSBC Holdings plc. They now have a $17.50 price target on the stock, down previously from $23.50.MarketBeat
- Analysts Just Shaved Their Daqo New Energy Corp. (NYSE:DQ) Forecasts Dramatically [Yahoo! Finance]Yahoo! Finance
- Earnings Miss: Daqo New Energy Corp. Missed EPS By 57% And Analysts Are Revising Their Forecasts [Yahoo! Finance]Yahoo! Finance
- Daqo New Energy Corp. (NYSE:DQ) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Daqo New Energy First Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
DQ
Earnings
- 4/29/24 - Miss
DQ
Sec Filings
- 5/8/24 - Form SC
- 4/29/24 - Form 6-K
- 4/29/24 - Form 20-F
- DQ's page on the SEC website