DQ Q1 2023 Earnings — Daqo New Energy Corp. Revenue & Financial Results | Market Cap Arena

DQDaqo New Energy Corp.

$2B

Q1 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$710M-44.6% YoY

Gross Profit

$507M71.4% margin

Operating Income

$464M65.3% margin

Net Income

$279M39.3% margin

EPS (Diluted)

$3.55

QoQ Revenue Growth

-17.9%

Cash Flow

Operating Cash Flow

$807M

Free Cash Flow

$530M

Stock-Based Comp.

$31M

Balance Sheet

Total Assets

$8.2B

Total Liabilities

$1.2B

Stockholders' Equity

$5.1B

Cash & Equivalents

$4.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$710M	$1.3B	-44.6%
Gross Profit	$507M	$815M	-37.8%
Operating Income	$464M	$797M	-41.8%
Net Income	$279M	$537M	-48.0%