In Q1 2024, ASML's earnings decreased to €1.22B, new bookings were below estimates at €3.6B, but maintained annual guidance.
ASML, the largest supplier of chip-making equipment, reported Q1 2024 earnings of €1.22B, down from €2.05B in Q4 2023, and new bookings of €3.6B, below analyst estimates of €4.63B. Despite a decrease in sales and new bookings, the company maintained its annual guidance, expecting full-year 2024 sales to remain consistent with 2023 levels. ASML's CEO Peter Wennink attributed the decline in new bookings to the ongoing recovery from the semiconductor industry's downturn.
April 17, 2024
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