U.S. Markets closed

Daqo: 1Q Earnings Snapshot

WANZHOU, China (AP) _ Daqo New Energy Corp. (DQ) on Tuesday reported first-quarter earnings of $6.6 million.

The Wanzhou, China-based company said it had net income of 48 cents per share. Earnings, adjusted for one-time gains and costs, came to 81 cents per share.

The solar panel parts maker posted revenue of $81.2 million in the period.

Daqo shares have increased 33% since the beginning of the year. The stock has dropped 52% in the last 12 months.


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