Loading...
Loading...
ASML Holding NV
ASML reported a 26% rise in its third-quarter net profit and confirmed its forecast for the full year.
ASML's quarterly net profit climbed to EUR244.0 million ($309.6 million), versus a year-ago profit of EUR193.1 million.
Its sales increased 1% to EUR1.32 billion. ASML sold 24 new and 6 used systems in the same quarter.
Its gross margin narrowed to 43.7% in the third quarter, versus 45.7% in the second quarter.
ASML expects Q4 net sales of about EUR 1.3 billion and a gross margin of about 43%.
"We are on track to meet our full-year 2014 forecast of at least EUR 5.6 billion of net sales. In the third quarter, we delivered a good profit margin on net sales that fell just short of our previous guidance due to a couple of system shipments shifting into Q4, which does not impact our full-year guidance,” ASML President and Chief Executive Officer Peter Wennink said.
ASML shares gained 0.02% to $92.73 in after-hours trading.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in