ASML (ASML NA) Q3 (EUR): Revenue 6.67bln (exp. 6.71bln), Bookings 2.6bln (exp. 4.5bln), Net Income 1.9bln (exp. 1.8bln), Gross Profit 3.46bln, Margin 51.9%.
- Interim dividend of 1.45/shr to be paid on November 10th.
Q4 guidance
- Net Sales 6.7-7.1bln (exp. 6.86bln)
- Gross Margin 50-51%
CEO
- "The semiconductor industry is currently working through the bottom of the cycle and our customers expect the inflection point to be visible by the end of this year. Customers continue to be uncertain about the shape of the demand recovery in the industry. We therefore expect 2024 to be a transition year. Based on our current perspective, we take a more conservative view and expect a revenue number similar to 2023. But we also look at 2024 as an important year to prepare for significant growth that we expect for 2025."
- "... confirms its expectation for strong growth for 2023 with a net sales increasing towards 30% and a slight improvement in gross margin, relative to 2022,"
via ASML
Reaction details (06:05)
Modest pressure seen in European equity futures following the ASML earnings report.
18 Oct 2023 - 06:00- EquitiesImportant- Source: Newswires
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