Daqo New Energy Corp. (NYSE:DQ) Q4 2023 Earnings Conference Call February 28, 2024 8:00 AM ET Company Participants Anita Zhu - Investor Relations Xiang Xu - Chairman and Chief Executive Officer Ming Yang - Chief Financial Officer Conference Call Participants Philip Shen - Roth MKM Alan Lau - Jefferies Operator Good day, and welcome to the Daqo New Energy Fourth Quarter and Fiscal Year 2023 Results Conference Call. All participants will be in the listen-only mode. [Operator Instructions] After today's presen ...

Daqo New Energy (DQ) came out with quarterly earnings of $0.64 per share, missing the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $4.71 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -23.81%. A quarter ago, it was expected that this solar panel parts maker would post earnings of $1.70 per share when it actually produced a loss of $0.09, delivering a surprise of -105.29%.Over the last four quarter ...

February 28, 2024 Q4 and Fiscal Year 2023 Results Presentation Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “guidance” and similar statements. Among other things, the outlook for the first quart ...

Exhibit 99.1 1 Daqo New Energy Announces Unaudited Fourth Quarter and Fiscal Year 2023 Results Shanghai, China—February 28, 2024—Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced its unaudited financial results for the fourth quarter and fiscal year of 2023. Fourth Quarter 2023 Financial and Operating Highlights ● Polysilicon production volume was 61,014 MT in Q4 2023, compared to 5 ...

SHANGHAI, Jan. 30, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy", the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that its subsidiary Xinjiang Daqo New Energy ("Xinjiang Daqo") has provided an estimate of its net profit for the fiscal year 2023 ended December 31, 2023 to the Shanghai Stock Exchange. Xinjiang Daqo estimates that under PRC GAAP, its net profit attributable to Xinjiang Daqo's shareholders in ...

Daqo New Energy Corp. (DQ) issued an update on its $700 million share repurchase program, which was authorized in 2022 and ran from Nov 7, 2022, to Dec 31, 2023.As of the conclusion of 2023, the company repurchased 14.55 million American Depositary Shares (ADSs) — equivalent to 72.75 million ordinary shares — at an average price of $33.71 per ADS, totaling around $491 million. This accounts for nearly 70.1% of the maximum amount allocated for the share repurchase initiative. The total ordinary shares outsta ...

SHANGHAI, Jan. 11, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy", the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today provided an update on its US$700 million share repurchase program approved in 2022 and effective from November 7, 2022 to December 31, 2023. By the end of 2023, the Company had repurchased 14.55 million ADSs (representing 72.75 million ordinary shares) at an average price of $33.71 per ADS for a total of ...

Justin Paget 2023 has been a devastating year for solar stocks. If not for the recent Santa Claus rally, most solar stocks would've been down more than 40%. The new momentum is caused by the expected rate cuts of the Federal Reserve in 2024. Solar investments are costly and even more when you have to pay 5% interest on a loan. Therefore, solar investments have become less interesting in both America and Europe. Further, changes in government incentive programs made decision-making even worse with consumers ...

Daqo New Energy Corp. (NYSE:DQ) Q3 2023 Earnings Conference Call October 30, 2023 8:00 AM ET Company Participants Xiang Xu - Chairman and Chief Executive Officer Ming Yang - Chief Financial Officer Conference Call Participants Philip Shen - ROTH MKM Alan Lau - Jefferies Gordon Johnson - GLJ Research Frank Fan - Nomura Operator Good morning, and welcome to Daqo Energy Third Quarter 2023 Results Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note that this event ...

October 30, 2023 Q3 2023 Results Presentation Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "guidance" and similar statements. Among other things, the outlook for the fourth quarter and the full ...