Investing.com - Daqo New Energy ADR reported on Tuesday first quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Daqo New Energy ADR announced earnings per share of $1.18 on revenue of $256.1M. Analysts polled by Investing.com anticipated EPS of $1.18 on revenue of $250.02M.
Daqo New Energy ADR shares are up 24.2% from the beginning of the year and are trading at $71.24 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Daqo New Energy ADR follows other major Technology sector earnings this month
Daqo New Energy ADR's report follows an earnings beat by Apple on April 28, who reported EPS of $1.4 on revenue of $89.58B, compared to forecasts EPS of $0.9864 on revenue of $77.09B.
Microsoft had beat expectations on April 27 with third quarter EPS of $1.95 on revenue of $41.71B, compared to forecast for EPS of $1.78 on revenue of $41.04B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar