ASML reports strong Q3 results, expecting gradual recovery in 2025

From GlobeNewswire: 2024-10-15 11:10:00

ASML reported €7.5 billion in total net sales and €2.1 billion in net income for Q3 2024. They expect total net sales for 2024 to be around €28 billion. Quarterly net bookings were €2.6 billion, with €1.4 billion in EUV sales. ASML expects Q4 2024 total net sales between €8.8 billion and €9.2 billion, with a gross margin between 49% and 50%.

CEO Christophe Fouquet stated that ASML’s third-quarter total net sales exceeded guidance, mainly driven by DUV and Installed Base Management sales. The company expects a more gradual recovery in 2025 due to customer cautiousness, especially in the Logic segment. ASML expects full-year 2024 total net sales of around €28 billion and total net sales for 2025 between €30 billion and €35 billion.

ASML will pay an interim dividend of €1.52 per ordinary share on November 7, 2024. They did not purchase any shares under the current share buyback program in Q3. ASML will host an investor call on October 16, 2024, regarding the third-quarter results and outlook. The company’s primary accounting standard is US GAAP, and their financial statements are available on their website.

ASML, a leading supplier to the semiconductor industry, provides chipmakers with hardware, software, and services for mass-producing microchips. With more than 43,700 employees worldwide, ASML drives technology advancement for affordable, powerful, and energy-efficient microchips. They are traded on Euronext Amsterdam and NASDAQ under the symbol ASML. Discover more about ASML at www.asml.com.



Read more at GlobeNewswire:: ASML reports €7.5 billion total net sales and €2.1 billion