DQ Q1 2024 Earnings — Daqo New Energy Corp. Revenue & Financial Results | Market Cap Arena

DQDaqo New Energy Corp.

$2B

Q1 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$415M-41.6% YoY

Gross Profit

$72M17.4% margin

Operating Income

$32M7.7% margin

Net Income

$15M3.7% margin

EPS (Diluted)

$0.24

QoQ Revenue Growth

-13.7%

Cash Flow

Operating Cash Flow

-$116M

Free Cash Flow

-$296M

Stock-Based Comp.

$21M

Balance Sheet

Total Assets

$7.2B

Total Liabilities

$862M

Stockholders' Equity

$4.7B

Cash & Equivalents

$2.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$415M	$710M	-41.6%
Gross Profit	$72M	$507M	-85.8%
Operating Income	$32M	$464M	-93.1%
Net Income	$15M	$279M	-94.5%