By Maarten van Tartwijk
AMSTERDAM--ASML Holding NV (ASML) on Wednesday reported
higher-than-expected second-quarter net profit as the Dutch
semiconductor-equipment maker benefited from continued strong
demand from chip makers.
Net profit was 370 million euros ($407 million) compared with
EUR399 million in the same period a year earlier, and EUR403
million in the previous quarter. Revenue was EUR1.65 billion in the
period.
Analysts polled by FactSet had forecast net profit of EUR354
million on revenue of EUR1.61 billion.
ASML, whose customers include large chip makers such as Intel
Corp. (INTC) and Samsung Electronics Co. (005930.SE), said it
expects third-quarter sales of between EUR1.5 billion and EUR1.6
billion, resulting in a gross margin of around 45%.
"We expect to see continued overall business strength...due to
increased demand from memory and foundry customers compared with
previous expectations," Chief Executive Peter Wennink said.
-Write to Maarten van Tartwijk at
maarten.vantartwijk@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires