05:11 AM EST, 02/27/2025 (MT Newswires) -- Daqo New Energy ( DQ ) reported Thursday a Q4 adjusted loss of $2.56 per basic American depositary share, swinging from adjusted earnings of $1.06 a year earlier.

A single analyst polled by FactSet expected a loss of $0.61.

Revenue for the quarter ended Dec. 31 was $195.4 million, down from $476.3 million a year earlier.

Two analysts surveyed by FactSet expected $153.5 million.

Daqo New Energy ( DQ ) shares were down about 5% in recent premarket activity.

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