ASML stock slips on ‘mixed’ signals after earnings beat

Holding NV

Rs fell as much as 3.8% to an intraday low of $616.88 in the regular session, while the S&P 500 index SPX was flat. The company reported first-quarter net income of 1.96 billion euros, or 4.96 euros a share, compared with 695.3 million euros, or 1.73 euros a share, in the year-ago period. Revenue rose to 6.75 billion euros from 3.53 billion euros in the year-ago quarter.

Holding NV Rs fell as much as 3.8% to an intraday low of $616.88 in the regular session, while the S&P 500 index SPX was flat. The company reported first-quarter net income of 1.96 billion euros, or 4.96 euros a share, compared with 695.3 million euros, or 1.73 euros a share, in the year-ago period. Revenue rose to 6.75 billion euros from 3.53 billion euros in the year-ago quarter.

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ASML beats Q1 earnings estimates, customers 'adjusting' orders due to chip marketASML Holding NV , a key supplier to computer chip makers, on Wednesday reported first quarter earnings that beat expectations, as customers received its products at swift clip despite signs of weakness in end markets. ASML is a key player in chip making technology. In upcoming years its growth will double year on year due to more countries entering to chip building. But they should provide equipments to china too. There should be no restrictions for any country.
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