DQ Q3 2024 Earnings — Daqo New Energy Corp. Revenue & Financial Results | Market Cap Arena

DQDaqo New Energy Corp.

$2B

Q3 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$198M-59.1% YoY

Gross Profit

-$61M-30.5% margin

Operating Income

-$98M-49.4% margin

Net Income

-$61M-30.6% margin

EPS (Diluted)

$-0.90

QoQ Revenue Growth

-9.6%

Cash Flow

Operating Cash Flow

-$98M

Free Cash Flow

-$132M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$7.0B

Total Liabilities

$724M

Stockholders' Equity

$4.7B

Cash & Equivalents

$853M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$198M	$485M	-59.1%
Gross Profit	-$61M	$68M	-189.3%
Operating Income	-$98M	-$25M	-297.9%
Net Income	-$61M	-$6M	-862.0%