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Daqo: 2Q Earnings Snapshot

August 14, 2019

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DQ at https://www.zacks.com/ap/DQ

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