ASML Soars 6% on Record Sales and Strong Outlook f…
From Financial Modeling Prep: 2025-01-29 11:04:00
ASML Holding (NASDAQ:ASML) stock surged 6% today following a strong fourth-quarter performance, with record net sales of €9.3 billion. Revenue beat forecasts, driven by a 51.7% gross margin and net income of €2.7 billion. Growth was fueled by system upgrades and successful revenue from High-NA EUV systems.
In 2024, ASML’s net sales reached €28.3 billion, up from €27.6 billion in 2023, with a steady gross margin of 51.3%. Despite shipping fewer lithography systems, strong demand for EUV systems and increased service-related revenue boosted annual net income to €7.6 billion.
ASML projects 2025 net sales of €30 billion to €35 billion, with gross margins between 51% and 53%. First-quarter revenue is expected to be between €7.5 billion and €8.0 billion, with a gross margin of 52% to 53%. The company remains optimistic about future growth and market leadership in semiconductor equipment.
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