Daqo New Energy Q3 Adj. EPS $0.05 Beats $(0.46) Estimate, Sales $244.601M Beat $184.016M Estimate

Daqo New Energy (NYSE:DQ) reported quarterly earnings of $0.05 per share which beat the analyst consensus estimate of $(0.46) by 110.94 percent. This is a 108.47 percent increase over losses of $(0.59) per share from the same period last year. The company reported quarterly sales of $244.601 million which beat the analyst consensus estimate of $184.016 million by 32.92 percent. This is a 23.23 percent increase over sales of $198.496 million the same period last year.