NYSE$DQ

Daqo New Energy Corp-ADR · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

DQ Q4 2023 — $1.68B revenue, 0.28 EPS

These statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from those expressed or impl. Daqo New Energy Corp-ADR reported Q4 2023 results. Diluted EPS came in at $0.28. Net income of $2.48B. Headline numbers extracted from the Form 20-F press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $1.68B.
  • Diluted EPS: $0.28.
  • Net income: $2.48B.
  • Operating income: $1.1M.
  • Gross profit: $1.10B.

Headline financials

Total Revenue

$477M

Previous: $864M-44.8%
EPS (adj)

$0.94

Previous: $5.11-81.6%
Capital Expenditures

$1.11B

Previous: $1.21B-7.8%
Net Income

$44.9M

Previous: $279M-83.9%
Operating Income

$44.9M

Previous: $464M-90.3%
Gross Profit

$87.2M

Previous: $507M-82.8%
R&D Expense

$3.25M

No prior period
Stock-Based Comp

$142M

Previous: $307M-53.8%

Revenue & EPS history

Daqo New Energy · Revenue · Quarterly

$477M

Q4 2023-44.8%vs Q4 2022
Beat estimate in 3 of 12 quarters(25%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2023

Historical avgQ4 2023

-0.3%

Avg return

Earnings day

+2.1%

Avg return

5 days after

+1.6%

Avg return

30 days after

43%

26 / 60 earnings

Positive

+23.8%

Q1 2019

Best reaction

-19.1%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-4.0%+5.2%-20.0%
Q3 2025+14.4%+25.5%+21.1%
Q1 2025-13.8%-13.0%-6.7%
Q4 2024-1.8%-7.5%-15.5%
Q3 2024+0.3%+4.0%-11.0%
Q2 2024-2.3%-3.1%+11.7%
Q1 2024-19.1%-20.3%-10.4%
Q4 2023+9.2%+17.7%+44.4%
Q3 2023+9.1%+12.0%+4.1%
Q2 2023+0.6%+2.4%+2.1%
Q1 2023+8.5%+7.3%-9.8%
Q4 2022+5.1%+15.7%+3.7%
Q3 2022-8.6%-13.2%-1.8%
Q2 2022+8.4%+4.0%+4.5%
Q1 2022-7.0%-10.9%+6.9%
Q4 2021+21.7%+11.0%+0.3%
Q3 2021+2.1%-10.7%-23.2%
Q2 2021-5.7%+0.6%+27.1%
Q1 2021+7.8%+9.4%-13.8%
Q4 2020+8.8%+30.8%-8.1%
Q3 2020+2.0%+8.5%+40.0%
Q2 2020+9.4%+7.5%-0.2%
Q1 2020+5.4%-4.7%+9.3%
Q4 2019-7.0%-7.5%-12.2%
Q3 2019+3.6%+6.2%+28.9%
Q2 2019-2.2%+4.8%+14.1%
Q1 2019+23.8%+17.4%+38.1%
Q4 2018-1.8%-1.9%+2.4%
Q3 2018-13.5%-3.0%+1.9%
Q2 2018+6.8%+3.3%-11.0%
Q1 2018+1.0%+1.4%-26.1%
Q4 2017-13.8%-15.6%-11.6%
Q3 2017-1.0%+7.2%+16.6%
Q2 2017-7.5%-10.8%-9.6%
Q1 2017+19.5%+18.0%+8.4%
Q4 2016-8.6%-6.8%-23.0%
Q3 2016+4.5%-2.4%-6.8%
Q2 2016-2.2%-9.3%-2.6%
Q1 2016+6.7%
Q4 2015-3.9%
Q3 2015+15.5%
Q2 2015-8.7%
Q1 2015+1.4%
Q4 2014+12.0%
Q3 2014-5.4%
Q1 2014-8.9%
Q2 2014-8.9%
Q4 2013-1.4%
Q3 2013-13.6%
Q2 2013-1.7%
Q1 2013-1.7%
Q4 2012-8.9%
Q3 2012+4.3%
Q4 2009-8.4%
Q4 2011-8.4%
Q4 2010-8.4%
Q1 2012+0.0%
Q3 2011-16.4%
Q2 2011+0.0%
Q1 2011-4.4%
Q3 2010
Q2 2010
Q1 2010

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro