ASML: down despite improved quarterly results
Still on a sequential basis, the Dutch group saw its gross margin improve by 0.5 points to 51.5%, thus exceeding its forecasts, on revenues up 18% to 6.24 billion euros, the upper limit of its target range.
While there are still uncertainties in the market, mainly due to the macroeconomic environment, we expect the sectoral recovery to continue in the second half of the year", says the CEO.
Claiming net orders of 5.6 billion euros (including 2.5 billion in EUV) for the past quarter, ASML expects a gross margin of between 50 and 51%, as well as revenues of between 6.7 and 7.3 billion for the third quarter.
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