Investing.com - Daqo New Energy ADR reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Daqo New Energy ADR announced earnings per share of $0.84 on revenue of $1.22. Analysts polled by Investing.com anticipated EPS of $7.28 on revenue of $1.23B.
Daqo New Energy ADR shares are up 15% from the beginning of the year and are trading at $46.37 , down-from-52-week-high.
Daqo New Energy ADR follows other major Information Technology sector earnings this month
Daqo New Energy ADR's report follows an earnings beat by Apple on Thursday, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar