Daqo New Energy Q3 Adj. EPS $(0.78) Misses $(0.48) Estimate, Sales $194.153M Beat $61.904M Estimate

Daqo New Energy (NYSE:DQ) reported quarterly losses of $(0.78) per share which missed the analyst consensus estimate of $(0.48) by 62.5 percent. This is a 1660 percent decrease over earnings of $0.05 per share from the same period last year. The company reported quarterly sales of $194.153 million which beat the analyst consensus estimate of $61.904 million by 213.64 percent. This is a 20.62 percent decrease over sales of $244.601 million the same period last year.