ASML, a leading supplier of semiconductor equipment, reported first-quarter earnings of $1.3 billion (€1.22 billion), falling short of expectations with net bookings totaling €3.61 billion against an estimated €5.1 billion. The company's net sales reached €5.29 billion, slightly below the forecast of €5.39 billion, marking a 21.6% decline year-over-year. Despite these misses, ASML's gross margin improved to 51%, exceeding expectations of 48.5%. The company anticipates stronger performance in the second half of 2024, projecting net sales between €5.7 billion and €6.2 billion for Q2, though this is below the expected €6.46 billion. ASML's performance reflects a cautious outlook from chipmakers, influenced by a downturn in demand for advanced machines and ongoing geopolitical tensions, notably U.S.-led restrictions on exports to China.
ASML earnings. Top line miss ❌ Bottom line beat ✅ Guidance miss ❌ By no means a great quarter for ASML, but still one of the most important fundamental companies in semiconductors. ASML = EUV EUV = most advanced chips Near term is more murky with China being unpredictable… https://t.co/J7TrQkXdAE
ASML’s new orders fall short of analysts’ expectations, hurt by the downturn in demand for its most advanced machines from the chip making industry https://t.co/9yrlWrW4aR via @technology by @cagankoc
$ASML ASML will report earnings. Analysts estimate $6.13B in revenue (-15.33% YoY) and $3.43 in earnings per share (-35.40% YoY). https://t.co/YjQs5wHGtW
$ASML will report earnings. Analysts estimate $6.13B in revenue (-15.33% YoY) and $3.43 in earnings per share (-35.40% YoY) https://t.co/4LeqmGy7ge
ASML $ASML slides as Q1 sales, net bookings fall short of expectations https://t.co/Mu13qep4OV https://t.co/tiA9JGsx5Y
WATCH: ASML, the largest supplier of equipment to computer chip makers, reported weaker than expected first-quarter new bookings, although sales to China held up despite US-led restrictions on what it can export https://t.co/zBxZBT8MlF https://t.co/OXvtUPlyX8
ASML Q1 bookings miss forecast, but China sales hold up - Reuters https://t.co/fFUdORaE64 via @Street_Insider
ASML, the largest supplier of equipment to computer chip makers, reported weaker than expected first-quarter new bookings, although sales to China held up despite US-led restrictions on what it can export https://t.co/pPqaodmHIM https://t.co/wRAHMRkCpI
📽️ WATCH - ASML Q1 BOOKINGS MISS FORECAST, BUT CHINA SALES HOLD UP ASML, the largest supplier of equipment to computer chip makers, reported weaker than expected first-quarter new bookings on Wednesday, although sales to China held up despite U.S.-led restrictions on what it… https://t.co/u6WsUvoDnE
Orders miss sends shares of ASML lower https://t.co/p7nMBYnIdP
ASML reports Q1 net sales down 21.6% YoY to €5.29B, vs. €5.39B est., net income down 37.4% YoY to €1.22B, vs. €1.07B est., and net bookings down 4% YoY to €3.6B (@arjunkharpal / CNBC) https://t.co/NG1HdJH8aa 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/fzDaVmdiGF
ASML Stock Dives on Orders Miss. Earnings Show Chip Makers Are Cautious. https://t.co/6MC3XdWwbv
ASML reports Q1 net sales down 21.6% YoY to €5.29B v. €5.39B est., net income down 37.4% YoY to of €1.22B v. €1.07B est., and net bookings down 4% YoY to €3.6B (CNBC) https://t.co/NG1HdJH8aa 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/fzDaVmdiGF
$ASML ASML Q1 2024 Earnings: EPS: €3.11 vs €2.79 estimate ✅ Revenue: €5.29 billion vs €5.39 billion estimate ❌ Gross Margin: 51.0% vs 48.5% estimate ✅ Quarterly net bookings: €3.61 billion vs €5.1 billion estimate ❌ For Q2 2024 ASML expect revenue between… https://t.co/HvJSr9OMxv
$ASML ASML Q1 FY24: • Net bookings €3.6B (including EUV €0.7B). • Net sales -22% Y/Y to €5.3B. • Gross margin 51% (flat Y/Y). • Operating margin 26% (-6pp Y/Y). Guidance: • FY24: Revenue similar to FY23 (unchanged). • FY25: Significant growth. https://t.co/nPu4YUoKQb
ASML profits, bookings down amid China chip spat https://t.co/qBNnhbI91d
ASML’s new orders fall short of analysts’ expectations, hurt by the downturn in demand for its most advanced machines from the chip making industry https://t.co/PJKFJzyBHT
ASML Orders Miss Forecasts as Chip Makers Await Demand Recovery https://t.co/pZLpzh3h9S
ASML reports Q1 earnings of $1.3 billion, worse-than-expected new bookings https://t.co/sq0KlmCJ3f https://t.co/JmAQKHTESO
ASML posts Q1 orders of €3.61 billion, short of nearly €5.10 billion forecast https://t.co/PoSsqGZ6Ju
⚠️ ASML REPORTS Q1 EARNINGS OF $1.3 BILLION, WORSE THAN EXPECTED NEW BOOKINGS Full Story → https://t.co/aErchOppmS ASML, the largest supplier of equipment to computer chip makers, on Wednesday reported first-quarter earnings of 1.22 billion euros ($1.30 billion), and a…
ASML Q1 24 Earnings: - Bookings EU3.61B (est EU4.63B) - Net Sales EU5.29B (est EU5.47B) - Gross Margin 51% (est 48.8%) - Sees 2Q Net Sales EU5.7B To EU6.2B (est EU6.46B) - 2024 Outlook Unchanged - Sees 2H24 Stronger Than 1H24