ASML Reports Q1 Earnings of $1.3 Billion, Worse Than Expected New Bookings

Reuters04-17

AMSTERDAM, April 17 (Reuters) - 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 worse-than-expected inflow of new bookings of 3.6 billion euros.

ASML shares slumped 6% in overnight trading.

Net income was down from 2.05 billion euros in the fourth quarter of 2023. Sales were 5.29 billion euros, down from 7.24 billion euros.

Analysts had forecast net income at 1.08 billion euros on sales of 5.38 billion, according to LSEG data, while analysts polled by Reuters had seen new orders at about 5.4 billion euros.

"Our outlook for the full year 2024 is unchanged, with the second half of the year expected to be stronger than the first half, in line with the industry's continued recovery from the downturn," CEO Peter Wennink said in a statement, describing 2024 as a "transition year."

The company expects full-year sales in 2024 to be roughly unchanged from 2023 levels of 27.6 billion, but it is gearing up for strong growth in 2025.

($1 = 0.9414 euros)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

2

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1131862187?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-04-17 13:11","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1131862187","market":"us","top_or_hot":-1,"title":"ASML Reports Q1 Earnings of $1.3 Billion, Worse Than Expected New Bookings","media":"Reuters","content":"<html><head></head><body><p>AMSTERDAM, April 17 (Reuters) - 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 worse-than-expected inflow of new bookings of 3.6 billion euros.</p><p>ASML shares slumped 6% in overnight trading.</p><p>Net income was down from 2.05 billion euros in the fourth quarter of 2023. Sales were 5.29 billion euros, down from 7.24 billion euros.</p><p>Analysts had forecast net income at 1.08 billion euros on sales of 5.38 billion, according to LSEG data, while analysts polled by Reuters had seen new orders at about 5.4 billion euros.</p><p>&#34;Our outlook for the full year 2024 is unchanged, with the second half of the year expected to be stronger than the first half, in line with the industry&#39;s continued recovery from the downturn,&#34; CEO Peter Wennink said in a statement, describing 2024 as a &#34;transition year.&#34;</p><p>The company expects full-year sales in 2024 to be roughly unchanged from 2023 levels of 27.6 billion, but it is gearing up for strong growth in 2025.</p><p>($1 = 0.9414 euros)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ASML Reports Q1 Earnings of $1.3 Billion, Worse Than Expected New Bookings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nASML Reports Q1 Earnings of $1.3 Billion, Worse Than Expected New Bookings\n</h2>\n\n<h4 class=\"meta\">\n\n2024-04-17 13:11 北京时间&nbsp;&nbsp;&nbsp;<strong>Reuters</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMSTERDAM, April 17 (Reuters) - 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 worse-than-...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ASML","symbol_name":"阿斯麦","start_time":0,"source_url":"","article_id":"1131862187","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1131862187","pubTimestamp":1713330708,"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"AMSTERDAM, April 17  - ASML, the largest supplier of equipment to computer chip makers, on Wednesday reported first-quarter earnings of 1.22 billion euros , and a worse-than-expected inflow of new bookings of 3.6 billion euros.Analysts had forecast net income at 1.08 billion euro, according to LSEG data, while analysts polled by Reuters had seen new orders around 5.4 billion euros.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"ASML":"阿斯麦"},"translate_title":"ASML报告Q1盈利13亿美元，低于预期的新预订量","themeId":"c0d77e622a6742cf8335299f8317b4b4","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ASML":1.1},"content_text":"AMSTERDAM, April 17 (Reuters) - 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 worse-than-expected inflow of new bookings of 3.6 billion euros.ASML shares slumped 6% in overnight trading.Net income was down from 2.05 billion euros in the fourth quarter of 2023. Sales were 5.29 billion euros, down from 7.24 billion euros.Analysts had forecast net income at 1.08 billion euros on sales of 5.38 billion, according to LSEG data, while analysts polled by Reuters had seen new orders at about 5.4 billion euros.\"Our outlook for the full year 2024 is unchanged, with the second half of the year expected to be stronger than the first half, in line with the industry's continued recovery from the downturn,\" CEO Peter Wennink said in a statement, describing 2024 as a \"transition year.\"The company expects full-year sales in 2024 to be roughly unchanged from 2023 levels of 27.6 billion, but it is gearing up for strong growth in 2025.($1 = 0.9414 euros)","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1131862187"}