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REC Silicon’s Revenue Surged 23% YoY to $34.6 Million in Q1 2022

Increased semiconductor grade polysilicon shipments resulted in YoY revenue growth

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U.S.-based producer of advanced silicon materials REC Silicon recorded revenue of $34.6 million in Q1 2022, a year-over-year (YoY leap of 23% from $28.1 million in the same period last year, and a quarter-over-quarter (QoQ) decline of 20% from $43.2 million in the previous quarter.

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