Daqo New Energy gains on Q3 revenue beat

Daqo New Energy

27/10/2025 13:48

** Shares of polysilicon manufacturer Daqo New Energy DQ.N gain 6.2% to $27.65

** Company beats Q3 revenue estimates, helped by an increase in sales volume and the average selling price

** DQ posts Q3 revenue of $244.60 million vs analysts' expectation of $184.02 million - data compiled by LSEG

** "Production cost declined significantly during the third quarter, extending our ongoing cost reduction trend" - CEO Xiang Xu

** Including session's moves, DQ shares up 36.9% YTD

(Reporting by Sumit Saha in Bengaluru)

((Sumit.Saha@thomsonreuters.com;))