ASML Holding NV, Europe's biggest technology company by market value, reported better-than-expected fourth-quarter sales and net profit, with a forecast-beating €2.05 billion profit. The company's critical chip orders surged to a record in the fourth quarter, driven by demand for cutting-edge chips, despite challenges posed by export restrictions. ASML's strong performance drove gains in chip stocks, leading to a rise in U.S. stock index futures. The company's guidance for FY24 indicates revenue similar to FY23 and significant growth expected for FY25.
ASML orders triple in sign of demand for cutting-edge chips https://t.co/8rwuObOYpN via @business https://t.co/kiJuusF9Qb
ASML orders surge to record in 4th quarter, but 2024 outlook unchanged https://t.co/ixbGy3Pq1K https://t.co/MVkZWGacLT
ASML records robust performance in the fourth quarter of 2023 despite challenges posed by export restrictions - Gizmochina. https://t.co/4RtuIf6Gih https://t.co/xVdAMARp9o
ASML orders boom but export restrictions could hamper growth https://t.co/SptPeA5tjY
⚠️JUST IN: *ASML ORDERS SURGE TO RECORD IN FOURTH QUARTER ON AI DEMAND, BOOSTING CHIP STOCKS https://t.co/FvQN52Thz2 👈 $ASML https://t.co/M0xZ2ydwRE
$ASML strong move up to $832. Improving semiconductor outlook and earnings https://t.co/7TMyKlZE0Z
⚠️ FUTURES RISE ON NETFLIX'S UPBEAT SUBSCRIBER GAINS, CHIP STOCKS CLIMB (Reuters) U.S. stock index futures climbed on Wednesday, after Netflix surged on posting its largest-ever fourth-quarter subscriber growth, while ASML's strong earnings drove gains in chip stocks.… https://t.co/wRzvDMlHoh
ASML orders surge to record in Q4, but keeps 2024 outlook unchanged https://t.co/RELdgRFKuR https://t.co/yYUdExDvOl
$ASML ASML Q4 FY23: • Net sales +12.5% Y/Y to €7.2B (€0.3B beat). • Gross margin 51% (flat Y/Y). • Operating margin 33% (flat Y/Y). • Net bookings €9.2B (including EUV €5.6B). • Backlog €39B. Guidance: • FY24: Revenue similar to FY23. • FY25: Significant growth. https://t.co/WjgRZwBrHO
Critical chip firm ASML smashes fourth-quarter expectations as it predicts similar sales for 2024 https://t.co/Wb4ScK7v87
ASML 4Q reports forecast-beating €2.05 billion profit, but keeps cautious view https://t.co/UIYPPy0u1u
⚠️ ASML FOURTH QUARTER EARNINGS BEAT EXPECTATIONS, KEEPS OUTLOOK UNCHANGED (Reuters) ASML Holding NV, Europe's biggest technology company by market value, on Wednesday reported better-than-expected fourth-quarter sales and net profit, helped by booming chipmaking equipment… https://t.co/F4SWpsb1hz