Daqo New Energy Corp. (DQ)

March 1, 2023

“Beware the Ides of March”, or in this Case Severe Deflation Set to Take Hold of Global Polysilicon Prices

By Gordon L. Johnson II

Daqo Just Reported 4Q22 Results that Missed Consensus by a “Nautical Mile” (as we warned 11/30/22). Yesterday, before the open, global polysilicon bellwether Daqo New Energy (“DQ”) reported 4Q22 rev/EBITDA/GAAP-EPS of $864M/$648M/$4.71, respectively, sharply missing…