ASML Posts Mixed Q3 Earnings On Sluggish Market Fundamentals, Expects FY24 To Be A Transition Year

ASML Holding NV (NASDAQ: ASML) reported a Q3 FY23 net sales of €6.67 billion. In USD terms, sales of $7.26 billion missed the consensus of $8.53 billion.

The Q3 net bookings were €2.60 billion versus €8.92 billion a year ago.

The gross margin increased by 10 bps Y/Y to 51.9% led by DUV product mix and some one-off costs impacts.

GAAP EPS was €4.81 in Q3. In USD terms, $5.24 beat 


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