DQ Q3 2023 Earnings — Daqo New Energy Corp. Revenue & Financial Results | Market Cap Arena

DQDaqo New Energy Corp.

$2B

Q3 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$485M-60.2% YoY

Gross Profit

$68M14.0% margin

Operating Income

-$25M-5.1% margin

Net Income

-$6M-1.3% margin

EPS (Diluted)

$-0.09

QoQ Revenue Growth

-23.0%

Cash Flow

Operating Cash Flow

$711M

Free Cash Flow

$711M

Stock-Based Comp.

$50M

Balance Sheet

Total Assets

$7.3B

Total Liabilities

$948M

Stockholders' Equity

$4.7B

Cash & Equivalents

$3.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$485M	$1.2B	-60.2%
Gross Profit	$68M	$979M	-93.1%
Operating Income	-$25M	$693M	-103.6%
Net Income	-$6M	$323M	-102.0%