Daqo New Energy (DQ) stock is experiencing a significant pre-market surge, jumping 7.49% following the release of its third-quarter financial results. The company, known for its polysilicon production for the global solar PV industry, has reported figures that have evidently impressed investors.

According to the latest financial report, Daqo New Energy posted an adjusted net income of USD 3.7 million for the third quarter. Additionally, the company reported a gross profit of USD 9.7 million for the same period. These results seem to have exceeded market expectations, driving the notable pre-market rally.

While specific analyst expectations were not provided, the positive market reaction suggests that these figures may have surpassed forecasts or demonstrated resilience in a challenging market environment. Investors appear to be interpreting these results as a sign of Daqo New Energy's strong operational performance and potential for future growth in the competitive solar energy sector. As the market opens, it will be interesting to see if this pre-market enthusiasm translates into sustained gains throughout the trading session.