ASML Holdings posted €5.2 billion in Q3 net sales, a solid gain as net income edged up €1.7 billion in the quarter, according to a press release by ASML on Wednesday.
- The net bookings of ASML plunged from €8.271 billion in Q2 to €6.179 billion in Q3.
- Meanwhile, the company’s EUV business unit posted a record quarter in terms of shipments and revenue due to the volume of customers.
- ASML also reached an agreement with Jenoptik AG to conclude its divestment plans relating to non-semiconductor businesses of Medical Applications and the Swiss Optic unit of Berliner Glas.
- Peter Wennink, President and Chief Executive Officer, stated demand continues to improve. Ongoing digital transformation and shortage of chips are likely to fuel the need to increase capacity to meet the future demand for all Logic nodes.
Wennink further stated that ASML expects Q4 net sales to range between €4.9 billion and €5.2 billion and R&D costs nearly €670 million and SG&A nearly €195 million. ASML down -2.00%, Pre-market trading