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ASML Q1 earnings beat forecasts slightly, bookings seen strong

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ASML Holding NV , a key supplier to computer chip makers, reported on Wednesday first-quarter sales of 3.5 billion euros ($3.8 billion) and net income of 695 million euros, slightly ahead of expectations.

2022 gross margins seen at about 52% rather than 53%, a key supplier to computer chip makers, reported on Wednesday first-quarter sales of 3.5 billion euros and net income of 695 million euros, slightly ahead of expectations.

ASML is the dominant maker of lithography systems, and its machines are used to create the circuitry of most computer chips. Not included in first quarter sales were equipment worth about 2 billion euros that customers asked to have shipped immediately, before it was fully tested.

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