ASML Holding NV (ASML) News

ASML reports €5.3 billion total net sales and €1.2 billion net income in Q1 2024

Source: GlobeNewswire Inc.
ASML reports €5.3 billion total net sales and €1.2 billion net income in Q1 2024
2024 outlook unchanged

VELDHOVEN, the Netherlands, April 17, 2024 – Today, ASML Holding NV (ASML) has published its 2024 first-quarter results.

Q1 total net sales of €5.3 billion, gross margin of 51.0%, net income of €1.2 billion
Quarterly net bookings in Q1 of €3.6 billion2 of which €656 million is EUV
ASML expects Q2 2024 total net sales between €5.7 billion and €6.2 billion, and a gross margin between 50% and 51%
ASML expects 2024 total net sales to be similar to 2023
(Figures in millions of euros unless otherwise indicated) Q4 2023 Q1 2024
Total net sales 7,237 5,290
...of which Installed Base Management sales1 1,555 1,324

New lithography systems sold (units) 113 66
Used lithography systems sold (units) 11 4

Net bookings2 9,186 3,611

Gross profit 3,717 2,697
Gross margin (%) 51.4 51.0

Net income 2,048 1,224
EPS (basic; in euros) 5.21 3.11

End-quarter cash and cash equivalents and short-term investments 7,010 5,406
(1) Installed Base Management sales equals our net service and field option sales
(2) Net bookings include all system sales orders and inflation-related adjustments, for which written authorizations have been accepted.

Numbers have been rounded for readers' convenience. A complete summary of US GAAP Consolidated Statements of Operations is published on www.asml.com



CEO statement and outlook
"Our first-quarter total net sales came in at €5.3 billion, at the midpoint of our guidance, with a gross margin of 51.0% which is above guidance, primarily driven by product mix and one-offs.

"We expect second-quarter total net sales between €5.7 billion and €6.2 billion with a gross margin between 50% and 51%. ASML expects R&D costs of around €1,070 million and SG&A costs of around €295 million. 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. We see 2024 as a transition year with continued investments in both capacity ramp and technology, to be ready for the turn in the cycle," said ASML President and Chief Executive Officer Peter Wennink.

Update dividend and share buyback program
ASML intends to declare a total dividend for the year 2023 of €6.10 per ordinary share, which is a 5.2% increase compared to 2022. Recognizing the three interim dividends of €1.45 per ordinary share paid in 2023 and 2024, this leads to a final dividend proposal to the Annual General Meeting of €1.75 per ordinary share.

In the first quarter, we purchased around €400 million worth of shares under the current 2022-2025 share buyback program.

Details of the share buyback program as well as transactions pursuant thereto, and details of the dividend are published on ASML's website (www.asml.com/investors).

Media Relations contacts Investor Relations contacts
Monique Mols +31 6 5284 4418 Skip Miller +1 480 235 0934
Sarah de Crescenzo +1 925 899 8985 Marcel Kemp +31 40 268 6494
Karen Lo +886 939788635 Peter Cheang +886 3 659 6771
Quarterly video interview and investor call
With this press release, ASML has published a video interview in which CFO Roger Dassen discusses the 2024 first-quarter results and outlook for 2024. This video and the transcript can be viewed on www.asml.com.

An investor call for both investors and the media will be hosted by CEO Peter Wennink, CFO Roger Dassen and incoming CEO Christophe Fouquet on April 17, 2024 at 15:00 Central European Time / 09:00 US Eastern Time. Details can be found on our website.

About ASML
ASML is a leading supplier to the semiconductor industry. The company provides chipmakers with hardware, software and services to mass produce the patterns of integrated circuits (microchips). Together with its partners, ASML drives the advancement of more affordable, more powerful, more energy-efficient microchips. ASML enables groundbreaking technology to solve some of humanity's toughest challenges, such as in healthcare, energy use and conservation, mobility and agriculture. ASML is a multinational company headquartered in Veldhoven, the Netherlands, with offices across EMEA, the US and Asia. Every day, ASML’s more than 42,700 employees (FTE) challenge the status quo and push technology to new limits. ASML is traded on Euronext Amsterdam and NASDAQ under the symbol ASML. Discover ASML – our products, technology and career opportunities – at www.asml.com.

US GAAP Financial Reporting
ASML's primary accounting standard for quarterly earnings releases and annual reports is US GAAP, the accounting principles generally accepted in the United States of America. Quarterly US GAAP Consolidated Statements of Operations, Consolidated Statements of Cash Flows and Consolidated Balance Sheets are available on www.asml.com.

The Consolidated Balance Sheets of ASML Holding N.V. as of March 31, 2024, the related Consolidated Statements of Operations and Consolidated Statements of Cash Flows for the quarter and three months ended March 31, 2024 as presented in this press release are unaudited.

Regulated information
This press release contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.

Forward Looking Statements
This document and related discussions contain statements that are forward-looking within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, including statements with respect to plans, strategies, expected trends, including trends in the semiconductor industry and end markets and business environment trends, including expected demand, lithography tool utilization, semiconductor inventory levels, bookings and order coverage at certain bookings levels, expected recovery in the semiconductor industry and expected turn in the cycle and expected timing thereof, plans to increase capacity, outlook and expected financial results, including expected results for Q2 2024, including net sales, IBM sales, gross margin, R&D costs, SG&A costs, expected results for full year 2024, including expectations with respect to revenue and gross margin and estimated annualized effective tax rate, expectations with respect to sales by market segment, EUV, DUV and IBM sales and margins and expected drivers thereof, and other full year 2024 expectations, expectations with respect to expected financial performance in 2025 and expected drivers thereof, statements made at our 2022 Investor Day, including revenue and gross margin opportunity for 2025 and 2030, statements with respect to export control policy and regulations and expected impact on us, our expectation to return significant amounts of cash to shareholders through growing dividends and share buybacks, including the amount of shares intended to be repurchased under our share repurchase program and statements with respect to dividends, statements with respect to expected performance and capabilities of our systems and customer plans and other non-historical statements. You can generally identify these statements by the use of words like “may”, “will”, “could”, “should”, “project”, “believe”, “anticipate”, “expect”, “plan”, “estimate”, “forecast”, “potential”, “intend”, “continue”, “target”, “future”, “progress”, “goal”, “opportunity” and variations of these words or comparable words. These statements are not historical facts, but rather are based on current expectations, estimates, assumptions and projections about our business and our future financial results and readers should not place undue reliance on them. Forward-looking statements do not guarantee future performance and involve a number of substantial known and unknown risks and uncertainties. These risks and uncertainties include, without limitation, customer demand and semiconductor equipment industry capacity, worldwide demand for semiconductors and semiconductor manufacturing capacity, lithography tool utilization and semiconductor inventory levels, general trends and consumer confidence in the semiconductor industry, the impact of general economic conditions, including the impact of the current macroeconomic uncertainty on the semiconductor industry, the impact of inflation, interest rates, geopolitical developments, the impact of pandemics, the performance of our systems, the success of technology advances and the pace of new product development and customer acceptance of and demand for new products, our production capacity and ability to adjust capacity to meet demand, supply chain capacity, constraints and logistics, timely availability of parts and components, raw materials, critical manufacturing equipment and qualified employees, constraints on our ability to produce systems to meet demand, the number and timing of systems ordered, shipped and recognized in revenue, risks relating to fluctuations in net bookings, the risk of order cancellation or push outs and restrictions on shipments of ordered systems under export controls, risks relating to the trade environment, import/export and national security regulations and orders and their impact on us, including the impact of changes in export regulations and the impact of such regulations on our ability to obtain necessary licenses and to sell our systems and services to certain customers, changes in exchange and tax rates, available liquidity and liquidity requirements, our ability to refinance our indebtedness, available cash and distributable reserves for, and other factors impacting, dividend payments and share repurchases, the number of shares that we repurchase under our share repurchase programs, our ability to enforce patents and protect intellectual property rights and the outcome of intellectual property disputes and litigation, our ability to meet ESG goals and execute our ESG strategy, other factors that may impact ASML’s business or financial results, and other risks indicated in the risk factors included in ASML’s Annual Report on Form 20-F for the year ended December 31, 2023 and other filings with and submissions to the US Securities and Exchange Commission. These forward-looking statements are made only as of the date of this document. We undertake no obligation to update any forward-looking statements after the date of this report or to conform such statements to actual results or revised expectations, except as required by law.



Attachments

Link to press release
Link to consolidated financial statements


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ASML 10Q due 4/17

Good actions on this from the extended hours to the open before giving some of the gains back. On watch tomorrow for continuations

ASML reports transactions under its current share buyback program

Source: GlobeNewswire Inc.
ASML reports transactions under its current share buyback program

VELDHOVEN, the Netherlands – ASML Holding N.V. (ASML) reports the following transactions, conducted under ASML's current share buyback program.

Date Total repurchased shares Weighted average price Total repurchased value
26-Feb-24 10,532 €866.47 9,125,644
27-Feb-24 6,012 €878.01 5,278,623
28-Feb-24 12,829 €868.56 11,142,777
29-Feb-24 11,276 €864.61 9,749,310
01-Mar-24 6,203 €879.25 5,453,982
ASML’s current share buyback program was announced on 10 November 2022, and details are available on our website at https://www.asml.com/en/news/share-buybacks

This regular update of the transactions conducted under the buyback program is to be made public under the Market Abuse Regulation (Nr. 596/2014).

Media Relations Contacts Investor Relations Contacts
Monique Mols, phone +31 6 528 444 18 Skip Miller, phone +1 480 235 0934
Marcel Kemp, phone +31 40 268 6494
Peter Cheang, phone +886 3 659 6771





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ASML new 52 week high

ASML new 52 week high

ASML new 52 week high

ASML Net Profit Rises; Maintains Conservative Guidance for 2024

Source: Dow Jones News
By Najat Kantouar and Joe Hoppe


ASML Holding said fourth-quarter net profit rose and that it was maintaining its conservative guidance for the year ahead despite positive industry signs.

The Dutch manufacturer of lithography systems for the semiconductor industry said Wednesday that net profit for the fourth quarter was 2.05 billion euros ($2.23 billion) compared with EUR1.8 billion for the same period a year earlier. An analysts' consensus taken from FactSet expected EUR1.86 billion.

Net sales for the period were EUR7.24 billion compared with EUR6.4 billion, and a forecast of between EUR6.7 billion and EUR7.1 billion. Net bookings were EUR9.19 billion compared with EUR6.3 billion

For the year as a whole, sales rose to EUR27.56 billion compared with EUR21.17 billion. In October the company said that it expected sales for the year to be similar to 2022's EUR21.2 billion given the uncertainty around demand recovery in the semiconductor industry.

For the year ahead the company said, the company forecast first quarter net sales between EUR5.0 billion and EUR5.5 billion. It said it was maintaining its conservative guidance for 2024 revenue to be similar to 2023, despite positive industry signs.

The board raised its total dividend for 2023 to EUR6.10 a share from EUR5.80 a share a year earlier.


Write to Najat Kantouar at najat.kantouar@wsj.com and Joe Hoppe at joseph.hoppe@wsj.com


(END) Dow Jones Newswires

January 24, 2024 01:38 ET (06:38 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

Early Barchart 100
https://www.barchart.com/stocks/performance/percent-change/advances?timeFrame=today&viewName=main&screener=overall&orderBy=percentChange&orderDir=desc

ASML Holding N.V. $ASML Book Value Per Share (mrq) $0.40

ASML 2Q Net Income Slipped on Quarter; Raises Full-Year Sales Guidance

Source: Dow Jones News
By Joe Hoppe


ASML Holding NV said Wednesday that second-quarter net income slipped slightly on quarter, though net sales and gross margin rose and it lifted its full-year net sales guidance.

The Dutch manufacturer of lithography systems for the semiconductor industry said net income for the period was 1.94 billion euros ($2.18 billion) compared with EUR1.96 billion in the first quarter of 2023.

Net sales for the second quarter were EUR6.90 billion compared with EUR6.75 billion in the previous quarter, at the high end of guidance of between EUR6.5 billion and EUR7.0 billion. The gross margin rose to 51.3% from 50.6%, exceeding guidance of 50%. The company said this was primarily driven by more revenue for deep ultraviolet over the quarter.

Net bookings for the quarter were EUR4.50 billion compared with EUR3.75 billion.

The company said it expects strong growth for 2023, with a net sales increase toward 30% on-year. It had previously guided for 2023 net sales to grow by more than 25% from 2022.

The board declared an interim dividend of EUR1.45 a share.

Customers across different market segments are more cautious due to macroeconomic uncertainties, and the shape of recovery is still unclear, Chief Executive Peter Wennink said.

"However, our strong backlog of around EUR38 billion provides us with a good basis to navigate these short-term uncertainties," Wennink said.


Write to Joe Hoppe at joseph.hoppe@wsj.com


(END) Dow Jones Newswires

July 19, 2023 01:37 ET (05:37 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

ASML 1Q Net Sales, Gross Margin Beat Guidance as Net Bookings Drop

Source: Dow Jones News
By Kyle Morris


ASML Holding NV said Wednesday that first-quarter net sales and gross margin beat guidance due to higher than expected extreme ultraviolet and deep ultraviolet revenue, but that net bookings dropped.

The Dutch manufacturer of lithography systems for the semiconductor industry said that net income was 1.95 billion euros ($2.14 billion) compared with EUR1.82 billion a year earlier.

Net sales for the first quarter were EUR6.75 billion compared with EUR6.43 billion a year earlier.

Net bookings for the quarter were EUR3.75 billion compared with EUR6.32 billion a year prior.

"We continue to see mixed signals on demand from the different end-market segments as the industry works to bring inventory to more healthy levels. Some major customers are making further adjustments to demand timing while we also see other customers absorbing this demand change, particularly in DUV at more mature nodes. The overall demand still exceeds our capacity for this year and we currently have a backlog of over EUR38.9 billion," Chief Executive Peter Wennink said.

For the second quarter, ASML sees net sales between EUR6.5 billion and EUR7.0 billion and a gross margin between 50% and 51%.

ASML expects 2023 net sales to grow over 25% compared with 2022.

The company declared a total dividend for 2022 of EUR5.80 per ordinary share.


Write to Kyle Morris at kyle.morris@dowjones.com


(END) Dow Jones Newswires

April 19, 2023 01:35 ET (05:35 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

ASML My play looks good. It was up $21/SH today
I am within a dollar of tonight's close. My entry was assailable! lol Bot like a rookie.
Looks like +$50/SH from here, short term, about $620-$625

ASML HOLDING NV
$570.83 +21.26 (+3.87%)
As of Jan-04-20234:00:00 PM ET

https://stockcharts.com/h-sc/ui?s=ASML

ASML I entered long for a trade at 571.75

ASML HOLDING NV
$573.31 +23.74 (+4.32%)

It' a big, stodgy stock that is moving this morning

With my schedule today, I don't have time for any fancy Dan plays today

A big one like this will never hurt you much

News: Argus Research A6/Quantitative upgrades ASML HOLDING ADR REPRESENTING ORD SHS from HOLD to BUY.

INVESTARS ANALYST ACTIONS - PRIVATE
7:03 AM ET Dec-29-2022

On December 29, 2022 Argus Research A6/Quantitative upgraded ASML HOLDING ADR REPRESENTING ORD SHS from HOLD to BUY.

Argus is very reputable

52 RSI which is a good jumping off spot

https://stockcharts.com/h-sc/ui?s=ASML

Have you looked lately? BUY TIME.

I can not believe this board is empty. I make my living producing parts for this company! Our orders have increased substantially in the past 5 years year over year! This is a long term buy and hold. This is as good as the price will get! Accumulate and add from here. I would give this advice to my mother.

WWow, what a company. The chip maker!
above intel/amd/ti/nvda/etcetc


e

The chart on this company is pleasing to the eyes.

News: $ASML ASML reports EUR 2.6 billion sales at 43.0% gross margin in Q2

ASML reports EUR 2.6 billion sales at 43.0% gross margin in Q2 Stronger Logic compensates for Memory weakness; 2019 total sales view unchanged VELDHOVEN, the Netherlands, July 17, 2019 - today ASML Holding N.V. (ASML) publishes its 2019 second-quarter results. Q2 net sales of ...

Find out more ASML reports EUR 2.6 billion sales at 43.0% gross margin in Q2

fyi value investors: ASML looks to be trading well above its Fair Value before earnings Wednesday


Fair Value

Sweet, covering my short position !

Oversold at 80.50 should be easy 90.00 by next week

Nice company

Ben Bernake no precisely there is no exist without big Consequences so hi is stein put and will let new Chairman to deal with his mass. This is a pure crime. Scam bag is always a scam bag! Yesterday “what we got was an increasingly dovish handoff from Chairman Bernanke to Janet Yellen,” “Bernanke has metaphorically left the building. We are living in a Yellen world. And Yellen is a dove with a capital D.” And she is stupid to grasp that, because she is in love with Ben. What an arrogance and Ignorance. Now this brings us to the bond market. The reason that the bond market was going down, and why interest rates were going up, was that the Fed was going to taper. Now there is no tapering, and bonds have not rallied that much! Why? Because the Fed is losing control of the bond market; the bond market is telling the Fed that it has printed too much money.
Now this brings us to the bond market. The reason that the bond market was going down, and why interest rates were going up, was that the Fed was going to taper. Now there is no tapering, and bonds have not rallied that much! Why? Because the Fed is losing control of the bond market; the bond market is telling the Fed that it has printed too much money.
This brings us to the stock market. The S&P 500 (INDEXSP:.INX) and Dow Jones Industrial Average(INDEXDJX:.DJI) broke out to new highs. Part of the reason, I believe, that we got no tapering is because the Fed is somewhat scared of what it would do to the equity markets. Part of its belief is that the re-creation of a wealth effect (even if only a small amount of investors have profited) has trickled down into the economy. Now the Fed is scared to take the punch bowl away -- or better yet, it's scared to confiscate the heroin needle away and take the market off of its juice.
The next meeting is in December; at that time, Bernanke will be one month away from stepping down. The next meeting after that is in March, and Janet Yellen, frontrunner for the Fed chair, will be barely two months into her job. I do not see major shifts with an incoming or outgoing Fed chair.
I actually think that investors should ignore the talk of taper. The Fed is going to print until it can’t. Until bond rates spike and the market starts to tank and inflation takes off. Then the market will take the printing press away. However, until then, the Fed is trapped in a box and can’t get out.
Federal Reserve comity and Ben Bernanke “Giant Ponzi Scheme” .When we have bad economic data market is going up on speculation Fed Chairman Ben S. Bernanke will kip printing money. When we have god economic data market is going up speculation Bernanke is steel printing? This entire look like exuberance sign of market is in the crash mod and will burst 1000 down ward point any second. Bernanke ruin billions and billions of ordinary people’s lives with kipping interest zero in favor of Banks and Speculators Bernanke committed the biggest crime to humanity The Biggest Ponzi Scheme Ever. Bernanke is a Scam bag! Printing money is poor pyramid scams, artificial unreal! Every pyramid scam crash everybody loses regular investor watch out doesn’t fall in to the trap. A record breaking stock market is distorting a frightening reality: The U.S. is being eaten alive by a horrific cancer that will ultimately destroy the economy and impoverish the vast majority of its citizens. Despite "phony" signs of an economic recovery, the cancer destroying America stems from a lethal concoction of our $16 trillion federal debt and the Fed's never ending money printing. Currently, Bernanke and company is buying $1 trillion of Treasury and mortgage bonds a year. That's about $85 billion per month against a budget deficit that is about the same level. These numbers are unsustainable. And the Fed has no credible "exit strategy."
ASML Valuation suggests a higher amount of price risk, and Earnings Quality, Balance Sheet Quality and
Operating Efficiency is weak. When combined, ASML deserves a SELL rating. PE is 29.7028, among the highest in the industry. ASML will underperform the market over the next 12 months and us recommends that investors sell it now. Bernanke over ballooned stock with printing money he can’t exit inflation coming perfect condition for market crash and ASML late investor will lose everything! Regular investor bewares!

ASML Valuation suggests a higher amount of price risk, and Earnings Quality, Balance Sheet Quality and
Operating Efficiency is weak. When combined, ASML deserves a SELL rating. PE is 29.7028, among the highest in the industry. ASML will underperform the market over the next 12 months and us recommends that investors sell it now. Bernanke over ballooned stock with printing money he can’t exit inflation coming perfect condition for market crash and ASML late investor will lose everything! Regular investor bewares!
OUR EVALUATION OF ASML
Jefferson Research
ASML PE is 27.6113, among the highest in the industry.
ASML HOLDING NV -ADR is showing strong Cash Flow Quality, but Valuation suggests
a higher amount of price risk, and Earnings Quality, Balance Sheet Quality and
Operating Efficiency are weak. When combined, ASML deserves a SELL rating.
Even though the Balance Sheet rating improved during the quarter on strengthening
liquidity, this was offset by weakness in the Valuation rating. Combined, the changes
were insufficient to raise the overall rating from a SELL.
VALUATION: MOST RISK
An unfavorable valuation (a MEDIUM RISK or MOST RISK rating) implies higher potential downward price risk that is evidenced by
a company price multiple that is higher than the corresponding sector average. The valuation rating is based on both absolute and
relative levels at ASML HOLDING NV -ADR compared to its peers within its sector based on price to earnings (PE), price to earnings
growth (PEG), price to sales (PS), and price to cash flow (PCF). For certain foreign companies, some quarterly information is not
available and therefore not displayed.
The valuation rating for ASML decreased from a LOW RISK to a MOST RISK.
EVA Dimensions UNDERWEIGHT
ASML's PRVit score is at the 21st percentile of all firms in its industry, which
leads to a recommendation to Underweight. ASML is less attractively priced in relation to its true value than well over half of the stocks in its industry.
ASML Equity Summary Score:
Bearish (1.6)

! What Summers have to do with tomorrow Federal Reserve meeting another exuberance or big boys gear to upload while you are buying
Nothing new! Federal Reserve comity and Ben Bernanke “Giant Ponzi Scheme” .When we have bad economic data market is going up on speculation Fed Chairman Ben S. Bernanke will kip printing money. When we have god economic data market is going up speculation Bernanke is steel printing? This entire look like exuberance sign of market is in the crash mod and will burst 1000 down ward point any second. There is no exist without big consequences Bernanke know that and kip printing money we all American will go down to drain. Either way he will finish as slowly anyway. Bernanke ruin billions and billions of ordinary people’s lives with kipping interest zero in favor of Banks and Speculators Bernanke committed the biggest crime to humanity The Biggest Ponzi Scheme Ever. Bernanke is a Scam bag! Communist was using seam principals like Fed > Bernanke (printing money for ever), and day collapsed next is USA to Collapse, because off sociopath Bernanke. Printing money is poor pyramid scams, artificial unreal! Stock and everything is doom for crash. Every pyramid scam crash everybody loses regular investor watch out doesn’t fall in to the trap. A record breaking stock market is distorting a frightening reality: The U.S. is being eaten alive by a horrific cancer that will ultimately destroy the economy and impoverish the vast majority of its citizens. That’s according to Peter Schiff, the best-selling author and CEO of Euro Pacific Capital, who delivered his harsh warning to investors in a recent interview on Fox Business. "I think we are heading for a worse economic crisis than we had in 2007," Schiff said. "You're going to have a collapse in the dollar...a huge spike in interest rates... and our whole economy, which is built on the foundation of cheap money, is going to topple when you pull the rug out from under it."Schiff says that, despite "phony" signs of an economic recovery, the cancer destroying America stems from a lethal concoction of our $16 trillion federal debt and the Fed's never ending money printing. Currently, Bernanke and company is buying $1 trillion of Treasury and mortgage bonds a year. That's about $85 billion per month against a budget deficit that is about the same level. According to Schiff, these numbers are unsustainable. And the Fed has no credible "exit strategy." Eventually interest rates will rise... and when they do, Schiff says, stocks will tank and bonds dip to nothing. Massive new tax hikes will be imposed and programs and entitlements will be cut to the bone.
ASML Valuation suggests a higher amount of price risk, and Earnings Quality, Balance Sheet Quality and
Operating Efficiency is weak. When combined, ASML deserves a SELL rating. PE is 29.7028, among the highest in the industry. ASML will underperform the market over the next 12 months and us recommends that investors sell it now. Bernanke over ballooned stock with printing money he can’t exit inflation coming perfect condition for market crash and ASML late investor will lose everything! Regular investor bewares!