ASML (ASML NA) Q1 (EUR) Net Income 2.36bln (exp. 2.28bln), Revenue 7.74bln (exp. 7.83bln); Raises annual dividend to EUR 6.40/shr, +4.9%

Other Metrics:

• Bookings 3.94bln (exp. 4.82bln)


• Q1 Net Sale System Sales (by region): US 16% (prev. 28% Q/Q), China 27% (prev. 27% Q/Q), Japan 1% (prev. 10% Q/Q), Taiwan 16% (prev. 10% Q/Q), South Korea 40% (prev. 25% Q/Q).

Q2 Outlook: 

• 
  Gross Margin 50-52% (exp. 52.3%). CEO notes that the bandwidth for Q2'25 gross margin guidance is larger than usual, citing tariff uncertainty.


• Revenue 7.2-7.7bln (exp. 7.66bln)

FY Outlook:

• 
  Affirmed; Revenue 30-35bln (exp. 32.37bln)

Commentary:

• Conversations so far with customers support the expectation that 2025 and 2026 will be growth years.


• Sees tariff situation will remain dynamic for a while. Carefully watching the impact of tariffs.


• AI continues to be a primary growth driver for the industry. Demand is strong.


• CEO says the semiconductor industry remains strong, driven by AI adoption across an expanding application space and is exp. to surpass USD 1tln in rev. by 2030.

16 Apr 2025 - 06:02- ForexImportant- Source: Newswires