Daqo: 2Q Earnings Snapshot
WANZHOU, China (AP) _ Daqo New Energy Corp. (DQ) on Wednesday reported a second-quarter loss of $2.2 million, after reporting a profit in the same period a year earlier.
The Wanzhou, China-based company said it had a loss of 16 cents per share. Losses, adjusted to account for discontinued operations, came to 20 cents per share.
The solar panel parts maker posted revenue of $66 million in the period.
Daqo shares have increased 82% since the beginning of the year. The stock has climbed 15% in the last 12 months.