ASML Holding Expects Q4 Sales Of €6.7B-€7.1B, Gross Margin Of 50%-51%; Reaffirms FY23 Net Sales Growth Expectation Of ~30%
Portfolio Pulse from Benzinga Newsdesk
ASML Holding has projected its Q4 sales to be between €6.7 billion and €7.1 billion, with a gross margin of 50%-51%. The company also expects R&D costs of around €1,030 million and SG&A costs of around €285 million. ASML reaffirms its FY23 net sales growth expectation of approximately 30% and a slight improvement in gross margin compared to 2022.
October 18, 2023 | 5:51 am
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ASML's Q4 sales and gross margin projections, along with reaffirmed FY23 net sales growth expectation, indicate a positive outlook for the company's financial performance.
ASML's projected Q4 sales and gross margin, along with the reaffirmed FY23 net sales growth expectation, suggest a strong financial performance. This could potentially lead to an increase in the company's stock price in the short term.
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