DQ Q2 2023 Earnings — Daqo New Energy Corp. Revenue & Financial Results | Market Cap Arena

DQDaqo New Energy Corp.

$2B

Q2 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$630M-49.4% YoY

Gross Profit

$256M40.7% margin

Operating Income

$211M33.5% margin

Net Income

$103M16.3% margin

EPS (Diluted)

$1.35

QoQ Revenue Growth

-11.3%

Cash Flow

Operating Cash Flow

-$21M

Free Cash Flow

$256M

Stock-Based Comp.

$31M

Balance Sheet

Total Assets

$7.3B

Total Liabilities

$874M

Stockholders' Equity

$4.9B

Cash & Equivalents

$3.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$630M	$1.2B	-49.4%
Gross Profit	$256M	$947M	-72.9%
Operating Income	$211M	$928M	-77.2%
Net Income	$103M	$628M	-83.7%