ASML Holding Expects Q3 Sales Of €6.5B-€7.0B, Gross Margin Of ~50%; Sees FY23 Net Sales Growth Of 30%
Portfolio Pulse from Benzinga Newsdesk
ASML Holding has projected its Q3 sales to be between €6.5 billion and €7.0 billion, with a gross margin of approximately 50%. The company also anticipates R&D costs of around €1.0 billion and SG&A costs of about €285 million. Despite increased uncertainties, ASML expects strong growth for 2023, with a net sales increase of around 30% and a slight improvement in gross margin compared to 2022.
July 19, 2023 | 5:17 am
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ASML's projected Q3 sales and gross margin, along with its strong growth expectations for 2023, could potentially boost investor confidence and positively impact the company's stock price in the short term.
ASML's projected Q3 sales and gross margin are strong, and the company's positive growth outlook for 2023, despite uncertainties, could be seen as a sign of resilience and strong management. This could potentially boost investor confidence and lead to an increase in the company's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100