Daqo New Energy Corp. (DQ) reported Tuesday a net loss attributable to Daqo shareholders of $76.5 million, narrower than $119.8 million in year-ago quarter. Loss per basic American Depositary Share was $1.14, compared to last year's $1.81.
Excluding items, adjusted net loss per basic ADS for the quarter was $0.86, compared to $1.50 last year.
Revenues for the quarter plunged $75.2 million from $219.9 million in the same quarter last year.
Looking ahead, the Company said it expects to produce approximately 27,000 MT to 30,000MT of polysilicon during the third quarter and approximately 110,000 MT to 130,000 MT of polysilicon for the full year of 2025, inclusive of the impact of the Company's annual facility maintenance.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.