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Daqo: 4Q Earnings Snapshot

WANZHOU, China (AP) _ Daqo New Energy Corp. (DQ) on Wednesday reported fourth-quarter earnings of $11.4 million.

On a per-share basis, the Wanzhou, China-based company said it had net income of 85 cents. Earnings, adjusted for one-time gains and costs, came to $1.16 per share.

The solar panel parts maker posted revenue of $75.6 million in the period.

For the year, the company reported profit of $38.1 million, or $2.93 per share. Revenue was reported as $301.6 million.

Daqo shares have climbed 46 percent since the beginning of the year. The stock has dropped 27 percent 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