ASML reports forecast beating profit of $1.96 billion on higher sales

ASML Holding NV said Wednesday that for the fourth quarter it beat net profit consensus and net sales rose, and that it expects continued strong sales growth in 2023 despite a challenging environment. The Dutch semiconductor-equipment maker ASML, +0.11% ASML, -0.89% said net profit for the period was 1.8 billion euros ($1.96 billion) compared with … Read more

ASML Stock Drops. The Chip Supplier Slashes Sales Outlook Amid Delays.

Text size ASML’s machines are key to the global chipmaking industry. Courtesy Bart van Overbeeke/ASML ASML beat expectations for second-quarter earnings, but shares in the critical supplier of manufacturing equipment to the semiconductor industry were tumbling Wednesday after the group slashed its full-year sales forecast. ASML (ticker: ASML) reported second-quarter net income of €1.4 billion … Read more