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.