AP NEWS

Daqo: 3Q Earnings Snapshot

November 12, 2019 GMT

WANZHOU, China (AP) _ Daqo New Energy Corp. (DQ) on Tuesday reported third-quarter net income of $5 million, after reporting a loss in the same period a year earlier.

The Wanzhou, China-based company said it had net income of 35 cents per share. Earnings, adjusted to account for discontinued operations, were 34 cents per share.

The solar panel parts maker posted revenue of $83.9 million in the period.

Daqo shares have climbed 57% since the beginning of the year. The stock has risen 44% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DQ at https://www.zacks.com/ap/DQ