ASML: 69% sequential growth in Q3 EPS
(CercleFinance.com) - ASML has reported Q3 2021 net profit of 1.
74 billion euros, meaning EPS of 4.27 euros, up 69% sequentially, with its gross margin improving 0.8 point to 51.7%.
The semiconductor equipment supplier's revenue increased 30% (again sequentially) to 5.24 billion euros, while net orders reached 6.18 billion euros.
ASML expects a gross margin of 51% to 52% on sales of 4.9 to 5.2 billion euros over Q4 2021. Meanwhile, for FY 2021, the Dutch group says that it is on track to post around 35% growth.
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