Daqo New Energy Corp. (NYSE: DQ) ("Daqo" or the "Company"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that it will hold its annual general meeting (the "AGM") at Daqo New Energy Corp. Shanghai Office, 29th Floor, Huadu Building, No. 838, Zhangyang Road, Pudong District, Shanghai 200122, People's Republic of China on December 29, 2020 at 10 A.M. (Beijing time).
Daqo New Energy just issued its financial results for the third quarter of 2020, which can be found on our website at www.dqsolar.com. Today attending the conference call we have Mr. Longgen Zhang, our Chief Executive Officer; and Mr. Ming Yang, our Chief Financial Officer. The call today will feature an update from Mr. Zhang on the market and operations, and then Mr. Yang will discuss the company's financial performance for the third quarter of 2020.
Shares of Daqo New Energy (NYSE:DQ) moved higher by 1.0% in pre-market trading after the company reported Q3 results.Quarterly Results Earnings per share decreased 50.75% year over year to $0.33, which beat the estimate of $0.32.Revenue of $125,529,000 higher by 49.60% year over year, which missed the estimate of $139,130,000.Looking Ahead Daqo New Energy hasn't issued any earnings guidance for the time being.Revenue guidance hasn't been issued by the company for now.Details Of The Call Date: Nov 23, 2020View more earnings on DQTime: 08:00 AMET Webcast URL: https://78449.choruscall.com/dataconf/productusers/dq/mediaframe/41987/indexr.htmlTechnicals Company's 52-week high was at $1218.20Company's 52-week low was at $39.15Price action over last quarter: Up 68.14%Company Description Daqo New Energy Corp is a polysilicon manufacturer based in China. The company is engaged in the manufacturing and selling of high-purity polysilicon to photovoltaic product manufacturers who processed polysilicon into ingots, cells, and modules for solar power solutions. It offers ready-to-use polysilicon, packaged to meet crucible stacking, pulling, and solidification needs.See more from Benzinga * Click here for options trades from Benzinga * Earnings Scheduled For November 23, 2020 * Earnings Outlook for Daqo New Energy(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.