Welcome to our dedicated page for Daqo New Energy news (Ticker: DQ), a resource for investors and traders seeking the latest updates and insights on Daqo New Energy stock.
Daqo New Energy Corp. (NYSE: DQ) is described by the company as a leading manufacturer of high-purity polysilicon for the global solar photovoltaic (PV) industry. Its news flow reflects both its role in the upstream solar value chain and its status as a foreign private issuer listed in the United States.
On this page, readers can review company-issued news such as quarterly financial and operating results, announcements about upcoming earnings releases and related conference calls, and updates on corporate actions. Recent press releases have covered unaudited first, second and third quarter results for 2025, with details on polysilicon production volume, sales volume, average production and cash costs, and average selling prices, as well as commentary on industry conditions and regulatory developments.
Daqo New Energy also uses news releases to communicate shareholder-related events, including the scheduling of its annual general meeting (AGM) and the availability of its annual report on Form 20-F. In addition, the company has announced a share repurchase program authorized by its board of directors, outlining the size of the program, funding sources and general parameters for potential repurchases.
Another category of updates involves legal and regulatory matters, such as press releases and related Form 6-K filings describing litigation involving its subsidiary Xinjiang Daqo New Energy Co., Ltd. These items summarize court decisions, appeals and potential implications for the subsidiary.
Investors and observers can use this news feed to follow how Daqo New Energy reports on its polysilicon operations, responds to solar PV industry conditions, and communicates with shareholders through AGMs, filings and capital management actions. Regularly checking this page provides a consolidated view of the company’s official announcements and disclosures as they are released.
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Daqo New Energy Corp. (NYSE: DQ) announced its first-quarter 2023 financial results, reporting a revenue of $709.8 million, down from $864.3 million in Q4 2022. The gross profit also decreased to $506.7 million with a gross margin of 71.4%, reflecting a decline in average selling price (ASP) to $27.83/kg, compared to $37.41/kg in the previous quarter. Despite a production volume increase to 33,848 MT, net income attributable to shareholders dropped to $278.8 million, translating to earnings per basic ADS of $3.56. The company aims to produce between 44,000 MT and 46,000 MT of polysilicon in Q2 2023 and anticipates total production of 193,000 MT to 198,000 MT in 2023. Daqo's cash balance rose to $4.1 billion, highlighting strong operational cash flow.
Daqo New Energy Corp. (NYSE: DQ) announced that it will release its unaudited financial results for the first quarter of 2023 on April 27, 2023, before U.S. markets open. The company has scheduled a conference call at 7:00 AM U.S. Eastern Time on the same day to discuss the results. Daqo is known for its high-purity polysilicon production for the solar PV industry, boasting a nameplate capacity of 205,000 metric tons and being among the lowest-cost producers globally. The press release also provides dial-in and webcast details for the conference call and subsequent replay access.