NYSE:DQSemiconductor
Daqo New Energy (NYSE:DQ) Faces Steep Losses as Forecasts Point to 33.9% Annual Revenue Growth
Daqo New Energy (NYSE:DQ) remains unprofitable, with losses having increased by 29.6% per year over the past five years and no meaningful improvement in profit margin. Despite these continued losses, revenue is forecast to grow at a robust 33.9% annually, far outpacing the broader US market's 10.1% yearly expectation. Earnings are expected to rise by a staggering 109.84% per year. Investors are likely to focus on these rapid growth forecasts as they weigh the company’s ongoing lack of...