ASML beats Q2 earnings forecasts

📆 17/7/2567 23:29:00
📰 TheManilaTimes

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ASML reported net income of 1.6 billion euros ($1.74 billion) on revenue of 6.2 billion euros for the quarter ended June 30. Analysts had expected 1.41 billion euros on revenue of 6.04 billion euros, according to LSEG data.

AMSTERDAM ― ASML, the world's biggest chipmaking equipment supplier, reported better-than-expected second-quarter earnings on Wednesday on strong sales to China and with higher new bookings than the first quarter.ASML reported net income of 1.6 billion euros on revenue of 6.2 billion euros for the quarter ended June 30. Analysts had expected 1.41 billion euros on revenue of 6.04 billion euros, according to LSEG data.

Intel and Samsung are engaged in new construction projects that will be outfitted with equipment in 2025-2027.

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