ASML rose over 4% in morning trading as Q1 result topped estimates.
It reported Q1 earnings of 1.73 euros ($1.87) per share, down from 3.21 euros a year earlier.Net sales were 3.53 billion euros, compared with 4.36 billion euros a year earlier.
For the second-quarter, ASML (ASML) said it expects net sales to be between $5.52 billion (€5.1 billion) and $5.74 (€5.3 billion) and a gross margins between 49% and 50%.
For the rest of 2022, ASML (ASML) expects revenue to grow 20% year-over-year.
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