Daqo Q2 2026 slides: sequential recovery amid pricing pressure

Daqo New Energy Corp. reported a $62.7 million revenue and $81.2 million net loss for Q2 2026, amid a challenging market environment with persistent pricing pressure in the solar photovoltaic industry. Despite missing analyst expectations, the company's shares rose over 7% following a sharp sequential recovery, improved inventory management, and a robust balance sheet.

The improved quarter was driven by a threefold increase in polysilicon sales volume and a narrowing of the gross loss, reflecting lower inventory impairment provisions and better cost performance.

Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.