ASML Expects Q1 Net Sales Of €5B-€5.5B And Gross Margin Between 48%-49%; Expects 2024 Net Sales To Be Similar To 2023
Portfolio Pulse from Benzinga Newsdesk
ASML, a leading semiconductor equipment manufacturer, forecasts Q1 net sales of €5B-€5.5B with a gross margin of 48%-49%. The company anticipates R&D costs around €1,070 million and SG&A costs near €300 million. Despite positive indicators, ASML expects 2024 net sales to be on par with 2023, while preparing for significant growth anticipated in 2025.
January 24, 2024 | 6:09 am
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ASML expects Q1 net sales of €5B-€5.5B with a gross margin of 48%-49%, and 2024 sales to be similar to 2023, indicating stable growth and preparation for a significant increase in 2025.
The forecasted Q1 sales and gross margin indicate a stable financial outlook for ASML, which is likely to maintain investor confidence in the short term. However, the expectation that 2024 sales will be similar to 2023 suggests that there may not be significant growth in the immediate future, which could temper investor enthusiasm. The company's preparation for growth in 2025 is a positive sign, but it is a longer-term prospect and may not have an immediate impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100