ASML Holding NV (ASML) Earnings: Q2 Bookings Surpass Estimates with Strong Net Sales and Gross Margin

ASML Holding NV on Smartkarma

Analyst coverage of ASML Holding NV on Smartkarma has seen William Keating providing insights on the company. In his recent report titled “ASML Guides Q124 Down 27% QoQ, Shares Surge >8%. What Gives?“, Keating highlights ASML’s Q423 revenues of €7.2 billion, showing a 7.5% increase QoQ. However, for Q124, ASML guided revenues at €5.25 billion, a significant 27% decline QoQ. Despite this, ASML reiterated their 2024 revenue guidance to stay flat year-over-year. The unexpected surge of ASML shares by over 8% in overnight trading has raised questions among investors about the company’s performance.

Keating’s analysis delves into the reasons behind ASML’s financial movements, leading to a mix of bullish sentiments and uncertainties in the market. Investors are closely monitoring ASML’s strategic decisions and financial performance as they navigate through challenging quarters. The detailed insights provided by analysts like Keating on Smartkarma play a crucial role in guiding investors and stakeholders in making informed decisions regarding their investments in companies like ASML Holding NV.

A look at ASML Holding NV Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

In assessing the long-term outlook for ASML Holding NV, Smartkarma Smart Scores highlight a positive overall picture. With a Growth score of 4, the company demonstrates strong potential for expansion and development in the semiconductor manufacturing equipment sector. Additionally, ASML Holding NV scored 4 in Resilience and Momentum, indicating a robust ability to withstand market challenges and maintain positive progress in the future.

Although the Value and Dividend scores for ASML Holding NV are rated at 2, reflecting average performance in these areas, the high scores in Growth, Resilience, and Momentum suggest a promising trajectory for the company. ASML Holding NV‘s focus on developing and marketing cutting-edge technology for chip production positions it well for sustained growth and market competitiveness.

### ASML Holding N.V. develops, produces, and markets semiconductor manufacturing equipment, specifically machines for the production of chips through lithography. The Company services clients worldwide. ###

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